Maxima Realty Barclay Acquires Office Building In Westbury, Long Island For $16M

An office property located at 615 Merrick Avenue in Westbury, Long Island has been sold for a transaction amount of $16,000,000. The property spans 1,000,000 square feet, resulting in a price per square foot of $16. The sale was facilitated by brokers Matthew Kucker and Jordan Baruch from Colliers. The buyer, Maxima Realty Barclay, was represented by Michael Sultan, while the seller was Milvado Realty Group.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $16,000,000
• Address: 615 Merrick Avenue, Westbury, Long Island
• Square Footage: 1,000,000 SF
• Price per Square Foot: $16
• Buyer: Maxima Realty Barclay - Michael Sultan
• Seller: Milvado Realty Group
• Brokers: Matthew Kucker & Jordan Baruch - Colliers

The Maxima Realty Barclay team, led by Michael Sultan, played a crucial role in acquiring the office property at 615 Merrick Avenue in Westbury. On the other side of the deal, Milvado Realty Group served as the seller. Brokers Matthew Kucker and Jordan Baruch represented both parties, ensuring a successful transaction.