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Mount Sinai Shopping Center sold for nearly $30 million

The Mount Sinai Shopping Center on Nesconset Hwy.,

The Mount Sinai Shopping Center on Nesconset Hwy., in Mount Sinai has been sold to United Properties Corp. of East Meadow for $29.7 million, says brokerage Silber Investments Properties. Photo Credit: Google

United Properties Corp., an East Meadow-based real estate firm, paid $29.7 million to purchase the Mount Sinai Shopping Center in Mount Sinai, according to a local brokerage.

The 124,000-square-foot shopping center is anchored by a King Kullen supermarket, and includes a mix of office and retail space. Silber Investment Properties, a Hicksville-based retail brokerage firm, represented the buyer.

“We were very happy to bring this deal to a close,” Adam Silber, principal of Silber Investment Properties, said in a statement.

The sale of the 14-acre site, located at 5501 Nesconset Hwy., was handled by Aaron Etessami, lead broker on the sale. The seller was Mount Sinai Shopping Center Inc., an investment group.

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