Mor and Rahmani of Capital Property Partners works with Abramov of AssetCRG in $9.65 million sale

January 22, 2019 - Front Section

Queens, NY A private real estate investor has acquired an 18,000 s/f full block retail strip for $9.65 million in an all-cash off-market deal. 

Nir Mor,
Capital Property Partners

 

Daniel Rahmani,
Capital Property Partners

 

Michelle Abramov,
AssetCRG

 

Nir Mor and Daniel Rahmani, of Capital Property Partners acted for the purchaser, while Michelle Abramov of AssetCRG represented the seller, RJ Capital Holdings.

227-01- 227-23 Merrick Blvd. is located in the Laurelton area. The 18,400 s/f property is comprised of 14 retail units.  

“200 ft. of frontage on Merrick is extremely rare to come across and the purchaser recognized that immediately,” said Mor. “It took a bit of convincing with the seller but ultimately we were able to come to an agreement on pricing and get a hard contract signed in less than week.”

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