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…
Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Sale Price/Sq. Ft. Sq. Ft. Jul 2020 Jul 2022 Jul 2024 4-yr Change 2-yr Change 4k-10k 196.67 230.35 267.98 36.3% 16.3% 10k-30k 176.65 213.88 243.62 37.9% 13.9% 30k-70k 151.20 189.63 238.88 58.0% 26.0% 70k-999k 158.09 220.24 223.10 41.1% 1.3% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft.…
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…
Presented by Schacker Realty 631-293-3700www.schackerrealty.com Average Listing Sale Price/Sq. Ft. Sq. Ft. Jun 2020 Jun 2022 Jun 2024 4-yr Change 2-yr Change 4k-10k 196.34 227.42 265.93 35.4% 16.9% 10k-30k 174.92 211.97 243.66 39.3% 15.0% 30k-70k 150.88 198.26 232.44 54.1% 17.2% 70k-999k 158.57 220.24 220.83 39.3% 0.3% Average Listing Rent/Sq. Ft. (Including RE Taxes) Sq. Ft.…
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…
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/
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.,…
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…