The property asset involved in the transaction is a commercial building located at 11-19 Northern Boulevard, Great Neck, NY. This retail asset includes a total square footage of 16,545 and is situated on a 9,600-square-foot lot zoned Business-A. The property sold for $3,050,000, resulting in a price per square foot of $184. It features 196 feet of wraparound frontage along Northern Boulevard, providing excellent visibility.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,050,000
• Buyer: David & Tony Su
• Seller: Emerald Creek Capital
• Brokers: Craig Waggner, Daniel Abbondandolo & Joegy Raju - Cushman & Wakefield
• Square Footage: 16,545
• Price per Square Foot: $184
• Lot Size: 9,600 square feet
• Frontage: 196 feet along Northern Boulevard
• Market: Great Neck

Cushman & Wakefield’s Long Island Investment Sales Team, comprising Craig Waggner, Daniel Abbondandolo, and Joegy Raju, successfully facilitated this sale. The property’s strategic location near the Nassau County and Queens border allows for easy access to major highways, including the Cross Island Parkway and Long Island Expressway (I-495). It is also conveniently located just a 3-minute drive from the Little Neck Long Island Rail Road station, enhancing its accessibility to New York City.