Hicksville, New York 11801
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HICKSVILLE, NY, JULY 18 – Bayside, Queens based real estate investor Jung Woo Shin has acquired the 7,500 sq ft retail property located at 27-33 Middle Neck Road in the Village of Great Neck Plaza. The property is currently built out to support 7 retail establishments and only has one vacancy at the time of the sale.
Great Neck Plaza encompasses a busy commercial district, two parks, as well as a residential section with many multiple dwellings and private homes. Although geographically the Village measures only a third of a square mile, it boasts a vibrant downtown including the Great Neck LIRR station, over 250 retail stores and service establishments, almost 90 multiple-family apartment buildings, 148 single family homes, approximately 40 office buildings, 2 four-star hotels, a nursing home, a senior independent living facility and one assisted-care living facility.
[Courtesy of Wikipedia – https://en.wikipedia.org/wiki/Great_Neck_Plaza,_New_York]
Aaron Etessami, Sr VP Associate Broker and Amanda Gordon of Hicksville-based Silber Investment Properties represented the seller, Honig Landsman. Chinho Park of Silber Investment Properties represented the buyer, Jung Woo Shin.
ABOUT SILBER INVESTMENT PROPERTIES
Long Island based commercial real estate brokerage; Silber Investment Properties (SIP), specializes in the acquisition and disposition of retail investment properties ranging from multi-million dollar shopping centers to a single tenant chain store. In addition the SIP National Net Leased Division brokers hundreds of Triple-Net (NNN) Properties across the country. Silber Investment Properties has earned a reputation for brokering off-market, in-house transactions, and maintains relationships with REITs, large corporations, family trusts, developers, and private investors.