Scheyer Family Sells Retail Building At 195 Northern Boulevard In Great Neck For $3.15M

The retail asset located at 195 Northern Boulevard in Great Neck has been sold for $3,150,000. This ±4,615 SF building is situated on a 17,001 SF lot and features approximately 140 feet of direct frontage along Northern Boulevard, which is a heavily trafficked commercial corridor on Long Island.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,150,000
• Square Footage: 4,615 SF
• Address: 195 Northern Boulevard
• Market: Great Neck
• Lot Size: 17,001 SF
• Price per SF: $682
• Seller: Scheyer Family
• Seller's Representatives: Daniel Abbondandolo, Joegy Raju, Victor Little & Robert Kuppersmith - Cushman & Wakefield
• Note from Seller's Rep: The property was delivered vacant, offering opportunities for owner-users or repositioning investors.

The transaction involved Cushman & Wakefield representing the seller, with Daniel Abbondandolo, Joegy Raju, Victor Little, and Robert Kuppersmith facilitating the deal. The property is located within the Town of North Hempstead and is zoned Business A, allowing for various retail, automotive, and service-oriented uses. It benefits from significant daily vehicle exposure along Northern Boulevard and easy access to the Long Island Expressway.