Jeff Froccaro Acquires Office Building At 1 Channel Drive In Port Washington For $2.75M

1 Channel Drive is an office asset located in Port Washington, NY. The property features approximately 7,448 square feet and was sold for $2,750,000, resulting in a price per square foot of $369. It has been recently renovated and is move-in ready, offering a unique opportunity for both owner-users and investors.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $2,750,000
• Address: 1 Channel Drive
• Market: Port Washington
• Square Footage: 7,448
• Price Per Square Foot: $369
• Buyer: Jeff Froccaro
• Seller's Representatives: Daniel Abbondandolo, Joegy Raju & Victor Little - Cushman & Wakefield

Cushman & Wakefield facilitated this transaction, marking its significance in the market as part of ongoing demand for well-located commercial properties in Nassau County's vibrant communities. The high-end interior and flexible layout of the property enhance its appeal to discerning office users.