Category Archives: Schacker News

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

Bohemia Industrial Property Fetches $4.325Mhttps://libn.com/2021/10/25/bohemia-industrial-property-fetches-4-325m/ An industrial property in Bohemia has sold for $4.325 million.  FDA Properties LLC, an entity registered to a Deer Park-based distributor of medical and dental supplies, purchased the 30,000-square-foot building on 1.98 acres.   The company plans to relocate its operations to the Bohemia property, which is currently vacant. The building was formerly occupied by the…

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

23 Roselle St., Mineola I2R CNC LLC, which specializes in computerized numerical control machines, leased a 9,680-square-foot industrial building at 23 Roselle St. in Mineola. James Parnes and Gary Friedman of Schacker Realty represented the tenant, as well as the landlord, Windsor Investors LLC, in the lease transaction.https://libn.com/2021/10/19/inked-recent-li-real-estate-deals-196/ 125 State St., Westbury Forever Iron Doors…

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

188 Atlantic Ave., Garden City Mendez Instant Printing, a company that specializes in printing custom T-shirts, leased 9,100 square feet of industrial space at 188 Atlantic Ave. in Garden City. Gary Friedman of Schacker Realty represented the tenant, as well as the landlord, Third Street LLC, in the lease transaction.https://libn.com/2021/10/07/inked-recent-li-real-estate-deals-195/ 35 Wilbur St., Lynbrook Biocair,…

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR OCT 2021

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Price/Sq. Ft. Sq. Ft. Oct 2017 Oct 2019 Oct 2021 4-yr Change 2-yr Change 4k-10k 206.66 222.48 243.27 17.7% 9.3% 10k-30k 150.20 170.84 203.27 35.3% 19.0% 30k-70k 121.38 137.02 160.35 32.1% 17.0% 70k-999k 117.25 138.79 187.92 60.3% 35.4% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft. Oct…

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

1035 Old Country Road, Westbury Nahas Rug Company purchased a 4,849-square-foot office building on .18 acres at 1035 Old Country Road in Westbury for $1.55 million. Eric Kalichstein and M. Wazihullah of Commercial Realty Nation represented the buyer, while Jeffrey Horn of Schacker Realty represented seller JDB Group in the sales transaction.https://libn.com/2021/08/03/inked-recent-li-real-estate-deals-192/ 42 Nancy St.,…

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

500 Ocean Ave., East Rockaway AHC Appliances subleased 2,600 square feet of industrial space at 500 Ocean Ave. in East Rockaway. James Parnes of Schacker Realty represented the subtenant, as well as the main tenant, Hendel Food Management, in the sublease transaction.https://libn.com/2021/07/06/inked-recent-li-real-estate-deals-191/ 122 Dupont St., Plainview Active Distributors Inc., a distributor of merchandise sold in…

Ralph Perna Joins Schacker Realty

Ralph Perna, one of Long Island’s most prolific commercial real estate brokers, has joined Schacker Realty in Melville.  Perna, a three-time winner of Industrial Broker of the Year in LIBN’s Real Estate Awards, comes to Schacker from Newmark, where he spent 19 years as executive managing director.  Starting his real estate career at D’Angelo Forest in 1975, Perna founded Richland Park Associates in…

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

215 Candlewood Rd, Bay Shorehttps://libn.com/2021/06/08/bay-shore-industrial-property-sells-for-6-825m/ A Bay Shore industrial property has sold for $6.825 million. Nationwide Sales & Service, a distributor of vacuums and other janitorial supplies, purchased the 53,530-square-foot building on 2.56 acres at 215 Candlewood Road. The company is relocating from Farmingdale. The former owner of the Bay Shore building was United Starter Associates, a re-manufacturer of auto parts,…