SOLD
KMR Equity Partners Acquires Office Building In Garden City, Long Island For $31M
585 Stewart Avenue
Office
1,550,000 SF
1,550,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Office
1,550,000 sqft
The office property located at 585 Stewart Avenue in Garden City, Long Island has been sold in a closed transaction. The property spans 155,000 square feet and was sold for a total price of $31,050,000, resulting in a price per square foot of $200.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $31,050,000
- Square Footage: 155,000
- Price Per Square Foot: $200
- Address: 585 Stewart Avenue, Garden City, Long Island
- Market: Garden City, Long Island
The seller of the office property was Sharokh Abiri, while the buyer was KMR Equity Partners, represented by Kamran Newton. Representing the buyer was Daniel Torkan from Parallel Realty Group, and representing the seller was Kelly Koukou from Lee & Associates.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Kelly Koukou & Daniel Torkan
DATE: 11/21/2019
ADDRESS: 585 Stewart Avenue
MARKET: Garden City, Long Island
ASSET TYPE: Office
SALE PRICE: $31,050,000
SF: 155,000
PPSF: $200
SELLER: Sharokh Abiri
BUYER: KMR Equity Partners @Kamran_Newton
BUYER’S REP: Parallel Realty Group – Daniel Torkan
SELLER’S REP: Lee & Associates – Kelly KoukouView on map
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Address585 Stewart Avenue
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