John Tanenbaum Of Castle Bay Management Acquires Retail Properties In Syosset And Hicksville For $17M

This retail asset, located at 180 Jericho Turnpike and 380 Old Country Road, is situated in the Syosset and Hicksville market. The property encompasses a total of 19,554 square feet and was sold for $17,000,000, resulting in a price per square foot of $869.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $17,000,000
• Address: 180 Jericho Turnpike & 380 Old Country Road
• Market: Syosset & Hicksville
• Square Footage: 19,554
• Price Per Square Foot: $869
• Buyer: John Tanenbaum - Castle Bay Management
• Buyer’s Representative: Nicolas Anzalone & Adam Silber - Silber Investment Properties
• Seller’s Representative: Thomas Sansone - Silber Investment Properties

The transaction was facilitated by key representatives from Silber Investment Properties, with Nicolas Anzalone and Adam Silber representing the buyer, John Tanenbaum, and Thomas Sansone representing the seller in this deal.