Peter Khod Acquires Retail Property At 519-521 Middle Neck Road In Great Neck For $2M

The property asset involved in this transaction is a retail space located at 519-521 Middle Neck Road in Great Neck. It was sold for $2,000,000 and encompasses a total area of 2,580 square feet, translating to a price per square foot of $775. The property was delivered occupied with long-term tenants.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,000,000
• Square Footage: 2,580
• Price per Square Foot: $775
• Buyer: Peter Khod
• Seller: Charles Guru
• Broker: David Payami - Capital Property Partners
• Market: Great Neck

David Payami of Capital Property Partners represented the buyer, Peter Khod, in this transaction. David has an active 1031 buyer looking for retail and office properties in Great Neck. Interested parties can reach out to David for off-market opportunities. Contact details include email [email protected] and direct phone number 516-996-7978.