Category Archives: Schacker News

This Week in Long Island Business News: Schacker Real Estate Transactions

689 Main St., Westbury 689 Main Holdings purchased a 10,450-square-foot industrial building on .46 acres at 689 Main St. in Westbury for $2.2 million. Jeffrey Horn of Schacker Realty represented the buyer, while Schacker Realty’s Philip Shwom represented the seller, Lenny & Bill LLC, in the sales transaction. https://libn.com/2018/08/14/inked-recent-li-real-estate-deals-97/      2511 S. Long Beach Road,…

Shwom and Horn of Schacker Realty Broker $2.2 Million Sale of 10,450 s/f Westbury Building

689 Main St, Westbury According to Schacker Realty, American Industries Corp. has purchased 689 Main St. for $2.2 million ($210.53 per s/f). The subject property is a 10,450 s/f building. The seller, Aerostructures Long Island was represented by Philip Shwom and Jeffrey Horn of Schacker. American Industries was represented by Horn. As reported on August…

This Week in Long Island Business News: Schacker Real Estate Transactions

300 Karin Lane, Hicksville Lakeville Group, an importer of kitchen cabinets, leased 28,000 square feet of industrial space at 300 Karin Lane in Hicksville. Richard Weissman of Schacker Realty represented the tenant, while Nicholas Gallipoli of Cushman & Wakefield represented landlord 300 Karin Lane Associates in the lease transaction. https://libn.com/2018/08/07/inked-recent-li-real-estate-deals-96/   358 Motor Parkway, Hauppauge…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jul 2018

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Jul 2016 Jul 2017 Jul 2018 2-year Change 1-year Change 4k-10k $163.79 $196.64 $195.24 19.2% -0.7% 11k-30k $128.91 $169.04 $207.52 61.0% 22.8% 31k-70k $97.97 $137.84 $141.07 44.0% 2.3% 71k-600k $118.68 $131.14 $126.01 6.2% -3.9% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

This Week in Long Island Business News: Schacker Real Estate Transaction

69 Sylvester St., Westbury Dependable Acme Threaded Products purchased a 6,069-square-foot industrial building at 69 Sylvester St. in Westbury for $1.175 million. Jeffrey Horn of Schacker Realty represented the buyer and the sellers, Ann Brown and Alison Eames, in the sales transaction. https://libn.com/2018/07/02/inked-recent-li-real-estate-deals-91/  

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for Jun 2018

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. Jun 2016 Jun 2017 Jun 2018 2-year Change 1-year Change 4k-10k $160.99 $195.25 $200.06 24.3% 2.5% 11k-30k $129.25 $169.16 $189.04 46.3% 11.8% 31k-70k $97.84 $134.51 $140.56 43.7% 4.5% 71k-600k $117.94 $128.42 $122.44 3.8% -4.7% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

Smoothie King Leases former Checkers in Massapequa Park

As reported by Tory N. Parrish of Newsday, Smoothie King has leased the former Checkers in Massapequa Park, set to open in August, 2018. Chris Ferencsik of Schacker Realty represented both the Smoothie King franchise and the property sublessor, J.W. Mays Inc., in the lease transaction.  Read the full article below.  

This Week in Long Island Business News: Schacker Real Estate Transactions

790 Summa Ave., Westbury Piece Management Inc., which specializes in commercial renovation and construction, purchased a 41,000-square-foot industrial building at 790 Summa Ave. in Westbury for $4.255 million. The company is relocating from New Hyde Park. Phil Shwom and Devang Koya of Schacker Realty represented the buyer, while seller 790 Venture Capital LLC was self-represented…

Long Island Industrial, Warehouse, and Manufacturing Property Market Trends for May 2018

Presented by Schacker Realty  631-293-3700 www.schackerrealty.com . Average Listing Price/Sq. Ft. Sq. Ft. May 2016 May 2017 May 2018 2-year Change 1-year Change 4k-10k $156.74 $182.30 $200.99 28.2% 10.3% 11k-30k $129.94 $169.02 $195.02 50.1% 15.4% 31k-70k $96.68 $134.18 $141.12 46.0% 5.2% 71k-600k $118.47 $130.09 $122.19 3.1% -6.1% . Average Listing Rent/Sq. Ft. (including RE Taxes)…

This Week in Long Island Business News: Schacker Real Estate Transaction

55 Decker Ave., Copiague Valle Signs & Awnings leased a 15,000-square-foot industrial building at 55 Decker St. in Copiague. Doug Omstrom of JLL represented the tenant, while Nick Gianni of Schacker Realty represented landlord 55 Decker Corp. in the lease transaction. https://libn.com/2018/05/22/inked-recent-li-real-estate-deals-85/