Kimco Realty Corp Acquires Retail Portfolio In Great Neck, Massapequa, Greenvale, Syosset, Woodbury & West Islip For $375.8M

Kimco Realty Corp, represented by Conor Flynn, has recently closed a retail property transaction in Great Neck, Massapequa, Greenvale, Syosset, Woodbury, and West Islip. The property, located at 320 East Shore Road, 4900 Merrick Road, 90 Northern Blvd, 103 Jackson Ave, 8063, 8101, and 8285 Jericho Turnpike, as well as 420-460 Montauk Hwy, was sold for a total price of $375,800,000. The retail asset spans a total area of 540,000 square feet, resulting in a price per square foot of $696.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $375,800,000
• Address: 320 East Shore Road, 4900 Merrick Road, 90 Northern Blvd, 103 Jackson Ave, 8063, 8101 & 8285 Jericho Turnpike & 420-460 Montauk Hwy
• Market: Great Neck, Massapequa, Greenvale, Syosset, Woodbury & West Islip
• Buyer: Kimco Realty Corp (Represented by Conor Flynn)

This transaction brings together Kimco Realty Corp and Conor Flynn, representing the buyer. The deal showcases the strong presence of Kimco Realty Corp in the retail market, with their acquisition of a significant retail property portfolio in various locations across Great Neck, Massapequa, Greenvale, Syosset, Woodbury, and West Islip.