Category Archives: Schacker News

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

440 Waverly Ave., Patchogue Career Systems Development Corp., a contractor that manages operations of job centers, including outreach, admissions and placement services, leased 1,000 square feet of office space at 440 Waverly Ave. in Patchogue. James Parnes of Schacker Realty represented the tenant, as well as the landlord, Waverly Park Partners LLC, in the lease transaction.https://libn.com/2024/04/11/inked-recent-li-real-estate-deals-292/

LONG ISLAND INDUSTRIAL, WAREHOUSE, AND MANUFACTURING PROPERTY MARKET TRENDS FOR APR 2024

Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Sale Price/Sq. Ft. Sq. Ft. Apr 2020 Apr 2022 Apr 2024 4-yr Change 2-yr Change 4k-10k 199.99 223.49 263.86 31.9% 18.1% 10k-30k 176.20 206.16 240.09 36.3% 16.5% 30k-70k 153.96 188.59 230.76 49.9% 22.4% 70k-999k 159.74 226.29 205.70 28.8% -9.1% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft.…

Ralph Perna Represents Buyer and Seller in $8.35M Edgewood Sales Transaction

As reported in the Long Island Business News, Foodservice firm expands with $8.35M Edgewood Deal. A growing foodservice company is expanding and relocating with the acquisition of an Edgewood flex property. Advantage Food Marketing purchased the 35,000-square-foot flex building on 3 acres at 131 Heartland Blvd. for $8.35 million. The company will be relocating from…

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

44 W. Jefryn Blvd., Deer Park Double Wyn Inc., a distributor of household products, leased 2,500 square feet of industrial space at 44 W. Jefryn Blvd. in Deer Park. James Parnes and Anthony Filipelli of Schacker Realty represented the tenant, while the landlord Giaquinto Masonry Inc. was self-represented in the lease transaction.https://libn.com/2024/03/14/inked-recent-li-real-estate-deals-288/

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

2606 Sunrise Highway, Bellmore Lawrence Altholtz, an investor/user, purchased a 2,448-square-foot industrial building on .16 acres at 2606 Sunrise Highway in Bellmore for $837,500. The buyer plans to use the building for storage. Larry Schusheim of LMS Corporate Realty represented the buyer, while James Parnes of Schacker Realty represented the seller, 2606 Sunrise Realty Corp.,…

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

188 Long Island Ave., Wyandanch Arzu & Mert Realty, an affiliate of Bestway Auto Collision of Deer Park, purchased an 8,442-square-foot industrial building on .74 acres at 188 Long Island Ave. in Wyandanch for $1.7 million. Seckin Yildiz of Voro represented the buyer, while Jeffrey Horn of Schacker Realty represented the seller, D.B.H. Real Estate…

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

41 Hutcheson Place, Lynbrook RRT Group Inc., an affiliate of Phoenix Medical Equipment, leased 2,031 square feet of industrial space at 41 Hutcheson Place in Lynbrook. Danniel Paggy of Commercial Industrial Hub LLC represented the tenant, while James Parnes and Anthony Filipelli of Schacker Realty represented the landlord, Amerigo Co-Partnership, in the lease transaction.https://libn.com/2024/01/19/inked-recent-li-real-estate-deals-281/

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

690 Albany Ave., North Amityville Ideas Tile & Marble Corp. leased 2,500 square feet of industrial space at 690 Albany Ave. in North Amityville. Michael Parnes of Schacker Realty represented the tenant, while the landlord, Steven Dorf Properties LLC, was self-represented in the lease transaction.https://libn.com/2023/12/21/inked-recent-li-real-estate-deals-279/

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

520 Sunrise Highway, West BabylonMaverick Center LLC, an operator of a lacrosse camp, purchased a 4,000-square-foot industrial building on .34 acres at 520 Sunrise Highway in West Babylon for $1.26 million. James Parnes, Anthony Filipelli and Michael Parnes of Schacker Realty represented the buyer, as well as the seller, 520 Sunrise LLC, in the sales…