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Long Island investment firm acquires Commack retail strip

Summary by Long Island Business News
The 7,560-square-foot strip center is on .54 acres. Petrakis Properties acquired a fully leased retail strip center in Commack for $1.8M, totaling 7,560 sq. ft. at a 6.5% cap rate on Jericho Turnpike.
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Long Island Business NewsLong Island Business News

Long Island investment firm acquires Commack retail strip

The 7,560-square-foot strip center is on .54 acres. Petrakis Properties acquired a fully leased retail strip center in Commack for $1.8M, totaling 7,560 sq. ft. at a 6.5% cap rate on Jericho Turnpike.

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Long Island Business News broke the news in on Tuesday, April 22, 2025.
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