Blue Sea Education Acquires Office Building In Kings Park For $2,702,000 From Joseph John

The property asset involved in the transaction is an office building located at 263 Indian Head Road in the Kings Park market. The sale price of the property was $2,702,000, covering an area of 10,000 square feet, which results in a price per square foot of $270.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,702,000
• Address: 263 Indian Head Road
• Market: Kings Park
• Square Footage: 10,000
• Price Per Square Foot: $270
• Buyer: Blue Sea Education
• Seller: Joseph John
• Seller's Representative: Tom Bigansky & Alex Sobel - North Village Realty

The deal was facilitated by the seller's representatives, Tom Bigansky and Alex Sobel, from North Village Realty. Notably, this transaction marks the completion of a long process to renovate what had previously been a half-constructed vacant property, addressing safety concerns and contributing to the local community's development.