Daniel Gale Sotheby’s Inbar Mitzman Closes $12.5 Million for Great Neck Retail Stores

Posted by Kathleen Caputi — June 21, 2016

1466524059COLD SPRING HARBOR, NY - Inbar Mitzman, an associate real estate broker with Daniel Gale Sotheby’s International Realty, one of the nation’s leading realtors, recently closed a $12.5 million transaction that sold for the full asking price. The 26,000 square foot shopping center at 800 Northern Blvd in Great Neck, NY, consists of six stores anchored by national tenant FedEx, as well as a mix of retail and professional space.  It will be owner-occupied.

Ms. Mitzman, who works at Daniel Gale Sotheby’s Manhasset office, listed the property for her client, 800 Northern Blvd LLC.  The buyer/broker, Six-O Realty Corp, found the property on LoopNet. On the market for 30 days, the transaction closed June 9, 2016.  

“A commercial strip center like this one rarely comes on the market,” said Ms. Mitzman. “Located on the Miracle Mile, it’s ideally located for commerce. Northwell Health is just half a mile away and 60,000 square feet of office space under construction across the street was just taken by NYU Langone Medical Center.”

About Daniel Gale Sotheby’s International Realty

Founded in 1922, Daniel Gale Sotheby’s International Realty consistently leads the nation in achieving one of the highest average sales prices in the country.  Daniel Gale Sotheby’s is a $2.5 billion dollar organization with more than 800 sales associates in 27 offices spanning Long Island and Queens.  Services include a Relocation Division, an award-winning Marketing & Technology Department, a Development Marketing Group, Commercial and Rental Divisions; and Ambassador Abstract title company.  The Sotheby’s International Realty® affiliate for Long Island and Queens since 1976, Daniel Gale Sotheby’s has gained national and international recognition, including top honors worldwide.  In addition to its place on the Regents Board of "Who's Who in Luxury Real Estate," Daniel Gale Sotheby's International Realty is active in Real Trends, The Asian Real Estate Association and The Realty Alliance (comprising some of the real estate industry's most influential companies with participation "by invitation only").  For more information, visit www.danielgale.com.

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