News: Long Island

Koenigsberg of American Investment Properties brokers $1.15 million sale of 4,300 s/f retail strip plaza

Dix Hills, NY American Investment Properties (AIP) president Ron Koenigsberg, sold ‘820 Plaza’ located at 820-826 E Jericho Tpke. for $1.15 million, price per s/f is $267. The retail strip totals 4,300 s/f and is located near the Walt Whitman Shopping Mall. The building was 75% leased.

The buyer is a Nassau County-based real estate investor.

Koenigsberg of AIP represented the buyer and the seller.

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