Jon Otto Purchases Retail Property From Cullen Family For $8 Million In Long Island

The retail property located at 325 Walt Whitman Road in Long Island was sold for $8,000,000. This asset encompasses a total area of 18,000 square feet, resulting in a price per square foot of $444.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,000,000
• Address: 325 Walt Whitman Road
• Market: Long Island
• Square Footage: 18,000
• Price Per Square Foot: $444
• Buyer: Jon Otto
• Seller: Cullen Family
• Broker Representatives: Stephen R. Preuss Sr., Kevin Schmitz, Kevin Louie, Andreas Efthymiou & Andrew LeoGrande - Ripco

This transaction involved notable individuals including the buyer, Jon Otto, and the seller, Cullen Family, with representation provided by the brokers from Ripco on this deal. The brokers played a crucial role in facilitating the transaction.