Americo Fascetti Acquires Retail Strip Center In Suffolk County For $2.7M

A retail strip center located at 117 Terry Rd. in Suffolk County has been sold for $2,700,000. The property spans 6,000 square feet, resulting in a price per square foot of $450. The transaction took place on June 13, 2022. The buyer, Americo Fascetti, acquired the property from the seller, Galleria Terry.

Summary of transaction details

• Property Type: Retail Strip Center
• Transaction Amount: $2,700,000
• Address: 117 Terry Rd., Suffolk County
• Square Footage: 6,000
• Price per Square Foot: $450

Suiv Lee from Douglas Elliman represented Americo Fascetti as the buyer's agent in the deal, while Michael Gronenthal, also from Douglas Elliman, served as the seller's representative for Galleria Terry. If you are interested in similar off-market investment or 1031 opportunities in Nassau and Suffolk County, you can reach out to Michael Gronenthal at [email protected].