Koenigsberg of American Investment Props. completes $3.275m sale of shopping center

Ron Koenigsberg of American Investment Properties exclusively represented the sale of the Rachel's Shopping Center in Syosset. The near record setting price of $485 per s/f amounted to a sale price of $3.275 million. The shopping center located at 55-69 Berry Hill Rd. is directly next door to the Mim's shopping center which Koenigsberg brokered in 1998. The newly constructed 6,748 s/f center features 7 tenants. The tenants include Rachel's Café, Casa Bella Restaurant, Marlene's Place clothing store, Pinky's Nails, a cleaners, hair salon, and a real estate office. The property is located on the "Gold Coast" of Long Island's North Shore. The seller, a local owner turned over the deed to a New York City owner and developer. American Investment Properties prides itself on producing the best possible atmosphere for negotiation. Successfully matching the right buyer and seller takes years of experience and knowledge. With its aggressive and competitive buyers, expertise and commitment to the sale of commercial real estate, American Investment Properties prevails as the leader in commercial real estate on Long Island.