Dr. Amy Israel Chai Acquires Package Deal In Great Neck From Dr. Jay Merker & Associates For $3.375M

The transaction involved a package deal consisting of two properties located at 192 East Shore Road and 204 East Shore Road in Great Neck. The sale price was $3,375,000, with a total square footage of 10,500 and a price per square foot of $321. The first property, 192 East Shore Road, is an 8500 square feet Class A office building, while the second property, 204 East Shore Road, is a single-family house. Both properties were sourced off market and delivered vacant at closing.

Summary of transaction details:

• Property Type: Package Deal
• Transaction Amount: $3,375,000
• Buyer: Dr. Amy Israel Chai
• Seller: Dr. Jay Merker & Associates
• Broker: David Payami - Capital Property Partners
• Market: Great Neck
• Square Footage: 10,500
• Price per Square Foot: $321

David Payami, representing the broker in this transaction, specializes in off-market sales of all commercial, residential, and development sites within Great Neck and across all five boroughs. He is currently working with an investment firm looking to fulfill a 1031 by the end of the year.