A 5,800-square-foot office property located at 251 Northern Boulevard in Great Neck has been sold for $2,500,000. This transaction showcases the commercial demand in the area, supported by strong demographics and convenient access to major transportation routes.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,500,000
• Address: 251 Northern Boulevard
• Market: Great Neck
• Buyer: Joe Pincasoff
• Seller: Yoola Park - Two Fifty One
• Broker: Eitan Hakami - Greiner-Maltz Real Estate
• Square Footage: 5,800
• Price per Square Foot: $431

Eitan Hakami, a Great Neck resident and the sole broker in this transaction, noted a renewed interest from investors and end users in the Northern Boulevard Corridor. Over the past year, he has successfully completed four sale transactions in Long Island, including two sales in the Great Neck area along this corridor, indicating a robust market trend.