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Torkan Family Sells Retail Building In Manhasset, NY For $3.57M

Property Image
SOLD
$3,572,000
Joe Musso
Joegy Raju
+ 3

New York

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Retail6,254 SF
Sold 11/12/2021
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Property Image
SOLD

Torkan Family Sells Retail Building In Manhasset, NY For $3.57M

1575 Northern Boulevard, Manhasset, NY, USA

See Similar Deals
Retail6,254 SF
Sold 11/12/2021
Joe Musso
Joegy Raju
+ 3
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$571
Total Square Footage:6,254 SF
Transaction Type:Sale

The property involved in the transaction is a 6,254 sq. ft. freestanding, single tenant retail building located at 1575 Northern Boulevard in Manhasset, NY. The asset traded hands for a sales price of $3,572,000, resulting in a price per square foot of $571. It is situated in the heart of Manhasset's Northern Boulevard corridor, making it an attractive location for affluent tenants. Its close proximity to the Americana Mall and several other major retail outlets adds to its appeal in servicing this unique pocket of the North Shore.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,572,000
  • Address: 1575 Northern Boulevard, Manhasset, NY
  • Market: Manhasset
  • Square Footage: 6,254 sq. ft.

The buyer in the acquisition of 1575 Northern Boulevard was successfully represented by Team Abbondandolo. The deal was facilitated by Daniel Abbondandolo, Joegy Raju, Joe Musso, Rob Cullen, and Victor Little from Cushman & Wakefield. For more information about this trade, it is advised to contact Team Abbondandolo directly.

Team Abbondandolo specializes in Capital Markets and Investment Sales throughout Long Island and the Outer Boroughs. They have extensive expertise in this area.

Players

Daniel Abbondandolo
84 deals$509.6M volume(631) 425-1232
BROKER

Joegy Raju
Cushman & Wakefield
43 deals$302.6M volume
BROKER

Rob Cullen
Cushman & Wakefield
17 deals$102.1M volume
BROKER

Joe Musso
Cushman & Wakefield
19 deals$104.4M volume
BROKER

Victor Little
Cushman & Wakefield
29 deals$165.3M volume(631) 425-1239
BROKER

Daniel Torkan
5 deals$41.6M volume
SELLER

Details

SOLD
IMAGE: Daniel Torkan & Daniel Abbondandolo DATE: 11/12/2021 ADDRESS: 1575 Northern Boulevard MARKET: Manhasset ASSET TYPE: Retail SELLER: Torkan Family - Daniel Torkan BROKERS: Daniel Abbondandolo (@TeamAbbs), Joegy Raju (@JoegyRaju), Joe Musso (@JoeMusso), Rob Cullen (@Cullen127) & Victor Little (@Victor.R.Little) (Team Abbondandolo) - Cushman & Wakefield (@CushWake) SALE PRICE: $3,572,000 SF: 6,254 ~ PPSF: $571 NOTE FROM @TeamAbbs: @TeamAbbs successfully represented the buyer in the acquisition of 1575 Northern Boulevard, Manhasset, NY. The building traded hands for $3,572,000, $571 Per Sq. Ft. The asset is a 6,254 sq. ft. freestanding, single tenant retail building in the heart of Manhasset's Northern Boulevard corridor. With its close proximity to the Americana Mall & several other major retail outlets, the building will attract affluent tenants to service this unique pocket of the North Shore. To hear more about this trade, please reach out directly. TEAMABBONDANDOLO - Capital Markets & Investment Sales Daniel Abbondandolo, Managing Director P: 516-375-6336, E: [email protected] TEAMABBONDANOLO (@TeamAbbs) specializes in Capital Markets, Investment Sales throughout Long Island & the Outer Boroughs. For more information, please reach out directly.

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