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

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.