50 Gordon Drive, Syosset Uneeda Enterprises, a distributor of cleaning supplies, office materials and building maintenance products, leased a 29,700-square-foot industrial building on 1.75 acres at 50 Gordon Drive in Syosset. The building has about 6,000 square feet of office space. Established in 1964 as a small store front supply store, Uneeda Enterprises has grown…
Category Archives: Schacker News
Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Sale Price/Sq. Ft. Sq. Ft. Oct 2020 Oct 2022 Oct 2024 4-yr Change 2-yr Change 4k-10k 204.57 239.37 275.44 34.6% 15.1% 10k-30k 172.82 220.66 247.49 43.2% 12.2% 30k-70k 152.29 194.02 236.72 55.4% 22.0% 70k-999k 163.09 206.94 208.67 27.9% 0.8% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft.…
Much has changed since Ralph Perna entered the local industrial real estate market in November 1975. “The Hauppauge Industrial Park had an antenna farm on Motor Parkway, and Ronkonkoma was the end of the world,” said Perna. “Today, the Hauppauge Industrial Park is the largest on the East Coast.” Perna was involved in many of…
Philip Shwom is the president and majority shareholder of Schacker Real Estate Corp. Widely recognized as one of the leading industrial real estate brokers on Long Island, Shwom pays careful attention to detail and takes a holistic approach to client representation. As a buyer/tenant representative, he obtains a thorough understanding of the client’s operations and…
Melville industrial property trades for $20MDavid Winzelberg //August 7, 2024// An industrial property in Melville has sold for $20 million. Kings Prime Equities LLC, an affiliate of Imperial Sales Inc., purchased the 91,728-square-foot building on 9.43 acres at 135 Baylis Road. Imperial Sales, a wholesaler of brand-name appliances, is relocating from subleased space in Bethpage.…
West Babylon industrial property fetches $2.1M An industrial property in West Babylon has traded for $2.1 million. Air Comfort Service Corp., a company that specializes in HVAC, refrigeration and cooking equipment, purchased the 9,880-square-foot industrial building at 399 Farmingdale Road. The building is on 1.75 acres, however, much of the property is state-designated wetlands, according to…
1649 Deer Park Ave., Deer Park Efficient Mechanical, an HVAC contractor, purchased a 2,700-square-foot office building on .27 acres at 1649 Deer Park Ave. in Deer Park for $689,000. Jeffrey Horn of Schacker Realty represented the buyer, while Steven Rainone of Netter Real Estate represented the seller, Lee and Lee Realty Inc., in the sales…
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/
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…
Winners were selected by a panel of more than 660 esteemed industry professionals across 128 markets at the third annual commercial real estate awards. Winners—chosen for their growth, diversification, and ability to overcome unique challenges in their markets—were selected from a panel of more than 660 industry professionals drawn from each respective market. LEASE OF…