Welcome to our site

Petrakis Realty Group (PRG) has bought, sold and developed over $500 Million in shopping centers and strip malls primarily on Long Island, New York. PRG was started by three brothers that began acquiring real estate in the early 1990's. The firm owns and manages their current portfolio of over 100 properties. We are always actively seeking to purchase additional properties depending on market values, market cap rates and current financing rates and of course market outlook. Currently our focus is on triple net properties such as 7-Eleven and Dunkin Donuts, as well as strip malls at fair market cap rates on Long Island. Our goal is to acquire or develop a minimum of eight properties per calendar year, to date we have exceeded our own targets.

Our Company
Our CompanyPetrakis Realty Group (PRG) is a privately held real estate investment firm. PRG has a long history of private equity and debt investments in various property types, including residential and retail projects. PRG concentrates on investments where it believes that it can increase value by growing income, at times through releasing, repositioning, and rehabilitation; at times by development; and at times by acting upon relative value opportunities among geographic, market, and property sectors created by capital market ebb and flow. PRG strives to add value to underlying properties through a combination of hands-on real property expertise, a strategic investment approach focused on value and trends across markets and property types, and portfolio and asset management.

Real estate investment company PRG is actively engaged in the acquisition and ownership of real estate investment properties throughout the United States. Based in Long Island, New York, our real estate portfolio is comprised of multifamily and retail properties.

Joint Ventures
Will provide equity to strong sponsors on any property type mentioned on this site.

Benefits of Dealing with PRG
  • Privately Held, No Bureaucratic Committees
  • Responsive and Expeditious
  • Flexible
  • Proactive
Peter Petrakis
4007 Merrick Road, Seaford, New York
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