Carco Builders Acquires Retail Property In Suffolk County For $14.8M

A retail property located at 1414 Old Country Rd. in Suffolk County has been sold for a total of $14,777,000. The property spans across 55,000 square feet, resulting in a price per square foot of $268. The transaction involved the buyer, Carco Builders, and the seller, Greisten Family. The deal was facilitated by Michael Tuccillo and Matthew Klang from Marcus & Millichap.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $14,777,000
• Address: 1414 Old Country Rd.
• Market: Suffolk County

Carco Builders acted as the buyer in the transaction, while the Greisten Family served as the seller. Michael Tuccillo and Matthew Klang, representing Marcus & Millichap, worked as brokers in the deal. The successful sale of the retail property highlights the collaboration between all parties involved and signifies a significant transaction in the Suffolk County market.