Bellport industrial property trades for $5.3M | Long Island Business News

An industrial property in Bellport has sold for $5.3 million. 

Hydro Metal Holdings, an affiliate of Boilermatic Welding Industries, purchased a 19,172-square-foot building on 1.76 acres at 20 Pinehurst Drive. 

The seller, Coast2Coast Real Estate, had purchased the property in the fall of 2021 for $4 million. Coast2Coast, which offers plumbing, HVAC and restoration services, received economic incentives from the Brookhaven Industrial Development Agency to assist in the acquisition and those benefits were transferred to Hydro Metal Holdings. 

Hydro, which services HVAC systems and provides mechanical and engineering contracting, plans to invest an additional $1.8 million on renovations and equipment for its new Bellport facility, where it will relocate from Medford. 

Tom Guido of Signature Premier Properties represented Hydro Metal Holdings, while Michael Gronenthal and Michael Murphy of Douglas Elliman Commercial represented seller Coast2Coast Real Estate LLC in the sales transaction.