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Torkan Family Sells Retail Building In Manhasset, NY For $3.57M

1575 Northern Boulevard
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This Retail property located in NY was sold for $3,572,000 over 2 years ago. The brokers of the deal were Victor Little, Joe Musso, Rob Cullen, Joegy Raju, and Daniel Abbondandolo

The property involved in the transaction is a 6,254 sq. ft. freestanding, single tenant retail building located at 1575 Northern Boulevard in Manhasset, NY. The asset traded hands for a sales price of $3,572,000, resulting in a price per square foot of $571. It is situated in the heart of Manhasset's Northern Boulevard corridor, making it an attractive location for affluent tenants. Its close proximity to the Americana Mall and several other major retail outlets adds to its appeal in servicing this unique pocket of the North Shore.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,572,000
  • Address: 1575 Northern Boulevard, Manhasset, NY
  • Market: Manhasset
  • Square Footage: 6,254 sq. ft.

The buyer in the acquisition of 1575 Northern Boulevard was successfully represented by Team Abbondandolo. The deal was facilitated by Daniel Abbondandolo, Joegy Raju, Joe Musso, Rob Cullen, and Victor Little from Cushman & Wakefield. For more information about this trade, it is advised to contact Team Abbondandolo directly.

Team Abbondandolo specializes in Capital Markets and Investment Sales throughout Long Island and the Outer Boroughs. They have extensive expertise in this area.

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Deals
  • Location
    1575 Northern Boulevard, Manhasset, NY, USA1575 Northern Boulevard, Manhasset, NY, USA
  • Sale Price
    $3,572,000$3,572,000
    $571 PPSF$571 PPSF
  • Area
    6,254 SF6,254 SF
  • Asset Type
    RetailRetail
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Rob Cullen

Rob Cullen

Deals17
Sold$102.1M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

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Deal Summary

SALE IMAGE: Daniel Torkan & Daniel Abbondandolo DATE: 11/12/2021 ADDRESS: 1575 Northern Boulevard MARKET: Manhasset ASSET TYPE: Retail SELLER: Torkan Family - Daniel Torkan BROKERS: Daniel Abbondandolo (@TeamAbbs), Joegy Raju (@JoegyRaju), Joe Musso (@JoeMusso), Rob Cullen (@Cullen127) & Victor Little (@Victor.R.Little) (Team Abbondandolo) - Cushman & Wakefield (@CushWake) SALE PRICE: $3,572,000 SF: 6,254 ~ PPSF: $571 NOTE FROM @TeamAbbs: @TeamAbbs successfully represented the buyer in the acquisition of 1575 Northern Boulevard, Manhasset, NY. The building traded hands for $3,572,000, $571 Per Sq. Ft. The asset is a 6,254 sq. ft. freestanding, single tenant retail building in the heart of Manhasset's Northern Boulevard corridor. With its close proximity to the Americana Mall & several other major retail outlets, the building will attract affluent tenants to service this unique pocket of the North Shore. To hear more about this trade, please reach out directly. TEAMABBONDANDOLO - Capital Markets & Investment Sales Daniel Abbondandolo, Managing Director P: 516-375-6336, E: [email protected] TEAMABBONDANOLO (@TeamAbbs) specializes in Capital Markets, Investment Sales throughout Long Island & the Outer Boroughs. For more information, please reach out directly.

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1575 Northern Boulevard

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