Category Archives: Schacker News

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

627 W. Merrick Road, Valley Stream The Luxe Library Co. leased 1,150 square feet of office space at 627 W. Merrick Road in Valley Stream. James Parnes of Schacker Realty represented the tenant, as well as the landlord, Twin Assets, LLC, in the lease transaction.https://libn.com/2022/09/23/inked-recent-li-real-estate-deals-227/

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

180 Heartland Blvd., Edgewood FIVF-III-NY1 LLC, a Manhattan-based real estate investment fund, purchased a 24,000-square-foot industrial building on 2 acres at 180 Heartland Blvd. in Edgewood for $4.95 million. The property is fully leased to Biochemical Diagnostics. Philip Shwom of Schacker Realty represented the buyer, as well as the seller, BCDI Realty Company, in the…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

As reported by The Long Island Business News, a vacant parcel of industrial-zoned land in Calverton has sold for $3.2 million. Hildreth Real Estate purchased the 10 acres of land at 1001 Scott. Ave. The buyer plans to develop an industrial warehouse and manufacturing facility to be leased by multiple tenants. The property, on the…

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR SEP 2022

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Sep 2018 Sep 2020 Sep 2022 4-yr Change 2-yr Change 4k-10k 207.35 229.83 300.48 44.9% 30.7% 10k-30k 162.80 178.91 240.05 47.5% 34.2% 30k-70k 137.39 142.03 181.76 32.3% 28.0% 70k-999k 108.84 143.68 206.94 90.1% 44.0% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Sep…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

Edgewood Industrial Property sells for $4.95M An industrial property in Edgewood has sold for $4.95 million. FIVF-III-NY1 LLC, a Manhattan-based real estate investment fund, purchased the 24,000-square-foot industrial building on 2 acres at 180 Heartland Blvd. The property is fully leased to Biochemical Diagnostics. The company manufactures and markets controls and disposable sample preparation products…

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTIONS

740 Koehler Ave., Ronkonkoma NJR Distributor, a distributor of energy drinks, leased 3,800 square feet of industrial space at 740 Koehler Ave. in Ronkonkoma. Michael Parnes of Schacker Realty represented the tenant, while landlord J&L Property Investors was self-represented in the lease transaction.https://libn.com/2022/07/28/inked-recent-li-real-estate-deals-220/

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL EASTATE TRANSACTION

94 E. Jefryn Blvd., Deer Park Siaka USA, a supplier to convenience stores, leased 2,445 square feet of industrial space at 94 E. Jefryn Blvd. in Deer Park. James Parnes of Schacker Realty represented the tenant, while landlord Giaquinto Masonry was self-represented in the lease transaction.https://libn.com/2022/07/15/inked-recent-li-real-estate-deals-219/

THIS WEEK IN LONG ISLAND BUSINESS NEWS: SCHACKER REAL ESTATE TRANSACTION

Hauppauge industrial property trades for $8.65Mhttps://libn.com/2022/06/10/hauppauge-industrial-property-trades-for-8-65m/ An industrial property in Hauppauge has sold for $8.65 million.  May Properties purchased the 36,000-square-foot building on 2.4 acres at 80 Suffolk Court.  Built in 2000, the building has two loading docks and 7,800 square feet of office space.  Phil Shwom of Schacker Realty represented the buyer, while Richard…