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Tag: bay shore

  • Inked: Long Island commercial real estate sales and leases in Great Neck, Bethpage, and Bay Shore | Long Island Business News

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    195 Northern Blvd.,

    The Balterman family, local commercial real estate investors, purchased the 4,615-square-foot building on .39 acres at 195 Northern Blvd. In Great Neck for $3.15 million. The vacant property, which has 140 feet of frontage on Northern Boulevard, was formerly occupied by Great Neck Car Buyers & Sellers. The buyer plans on leasing the property to another auto business, according to a broker on the deal. Dan Abbondandolo, Robert Kuppersmith, Joegy Raju and Victor Little of Cushman & Wakefield procured the buyer and represented the seller, Northern Properties Associates LLC, an affiliate of Daniel Scheyer, in the sales transaction. Michael Sahn, of Uniondale-based law firm Sahn Ward Braff Coschignano, served as legal counsel to the seller.

     

    10-12 Railroad Ave.,

    A mixed-use property in Bethpage that’s had the same ownership for nearly three decades has been sold. Pervez Kahn, principal of , purchased the two-story, 6,137-square-foot building on .15 acres at 10-12 Railroad Ave. for $2.1 million. The fully occupied building has nine rental apartments, and a ground-floor commercial space leased to Susan’s Pub, a popular local watering hole. The sale price equates to a 6.1 percent cap rate. Kahn Capital Group, which focuses on the acquisition and long-term ownership of multifamily and mixed-use assets throughout Long Island, plans significant investment in renovations and improvements to the property, according to a broker on the deal. Carle Place-based ERG Commercial Real Estate provided a $1.444 million acquisition loan to Kahn Capital Group for the Bethpage purchase. The buyer was self-represented, while Tom Bigansky of North Village Realty represented the seller, MMC 2 Inc., in the sales transaction.

     

    2233 Nesconset Highway, Lake Grove

    Melinda Cantor Designs Inc., a custom invitations firm, leased 1,000 square feet of office space at 2233 Nesconset Highway in Lake Grove. Michael Zere of Zere Real Estate Services represented the tenant, as well as the landlord, Nico Realty Group LLC, in the lease transaction.

     

    41 Mercedes Way, Edgewood

    , a nutraceuticals firm, leased 30,700 square feet of industrial space at 41 Mercedes Way in Edgewood. Ralph Perna of Schacker Realty represented the tenant, while the landlord Heartland Business Center was self-represented in the lease transaction.

     

    60-70 Cleveland Ave.,

    Haloo USA LLC and Cavapod LLC, affiliates of a printing company, leased 21,696 square feet of industrial space at 60-70 Cleveland Ave. in Bay Shore. Luca Perinuzzi and Ralph Perna of Schacker Realty represented the tenant, as well as the landlord, ZNM Enterprises LLC, in the lease transaction.

     

    94 Gazza Blvd., Farmingdale

    Bethpage Warehouse LLC purchased a 6,000-square-foot industrial building on .14 acres at 94 Gazza Blvd. in Farmingdale for $1.487 million. The property was formerly occupied by Hub Truck Rental. Jordan Cardenas, Jonathan Cardenas and Christopher Cardenas of Tripoint Real Estate represented the buyer, while Stephen Preuss, Andreas Efthymiou and Jack Rovner of RIPCO Real Estate represented the seller, Hub Gazza Corp., in the sales transaction.


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    David Winzelberg

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  • Inked: Long Island commercial real estate deals and leases roundup | Long Island Business News

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    65 Davids Drive,

    Evolving Motorsports Inc., which does business as Engineered Motorsports, leased a 16,836-square-foot industrial building on 1 acre at 65 Davids Drive in Hauppauge. Luke Anderson of Industry One Realty represented the tenant, while Luca Perinuzzi and Ralph Perna of Schacker Realty represented the landlord, A.B.J.L. Realty LLC, in the lease transaction.

     

    2300 Grand Ave.,

    The JAG Law Group, a personal injury law firm, purchased the two-story, 9,564-square-foot building on 1.1 acres in front of the Baldwin Square Shopping Center at 2300 Grand Ave. for $2.48 million. The building, currently about 80 percent vacant, was formerly occupied by Bank of America. The buyer plans extensive renovations to the building, where it will occupy the first floor. The available space on the second floor will be leased to other tenants, according to a broker on the deal. JAG Law Group, headed by Jason Greenberg, will be relocating to the Baldwin building from its current location on South Ocean Avenue in Freeport. The law firm handles all types of injury cases, litigating against the insurance industry throughout Long Island and the New York metropolitan area. Tom Bigansky of North Village Realty represented the buyer, while the seller, Nationwide Protection LTD, was self-represented in the Baldwin sales transaction.

     

    238-240 Deer Park Ave., Babylon

    Darius Mroczkowski, a local commercial real estate investor, purchased a three-story, 13,500-square-foot mixed-use building on .16 acres at 238-240 Deer Park Ave. and 8-14 Railroad Ave. in for $4.625 million. The fully occupied property, located across from the Babylon Long Island Rail Road station, has eight apartments, four two-bedroom units and four one-bedroom units, above ground floor commercial space. Current tenants include La Bottega Italian Gourmet, Salon Hue, Lucky Barbershop, Momentum School of Music, OG Ramen and ATL Wings. The sale price equates to $342 per square foot and a cap rate of nearly 7 percent. Stacy McFadden of Signature Premier Properties procured the buyer and represented the seller, 240 Deer Park Ave. LLC, an affiliate of Paulicelli Brothers Properties, in the sales transaction.

     

    3335 Hempstead Turnpike,

    Tony’s Tacos leased a 4,000-square-foot restaurant space in a newly built pad-site building in the Levittown Mews shopping center at 3335 Hempstead Turnpike. The Levittown restaurant is expected to open in the fourth quarter of this year. Tony’s Tacos has four existing locations, including Franklin Square, Huntington, Garden City and Floral Park, already open. Last November, the chain also leased a 4,400-square-foot pad site in the redeveloped Shops at SunVet shopping center in Holbrook. Tony’s Tacos is an Italian-inspired taqueria with a menu of more than 40 tacos, as well as bowls, salads, quesadillas, sides and frozen margaritas. The restaurant’s unique taco options include Short Rib Peter Luger, Chicken Parm, Smoked Salmon, Mushroom Risotto and a Surf & Turf taco. Anthony Russo of the Breslin Organization represented Tony’s Tacos, as he is the exclusive broker for the restaurant chain. The landlord, Breslin Organization, was self-represented in the Levittown lease transaction.

     

    670 Pine Aire Drive,

    Dorf Associates purchased a 3,700-square-foot industrial building on .28 acres at 670 Pine Air Drive in Bay Shore for $950,000. Robert Desmond of Industry One Realty represented the buyer, as well as the seller, N. Bay Shore Realty Co. LTD, in the sales transaction.

     

    Manor Yaphank Road,

    3B Surf LLC purchased .73 acres of land on Manor Yaphank Road in Manorville for $535,000. Robert Desmond of Industry One Realty represented the buyer, as well as the seller, IJRH North Road, LLC, in the sales transaction.


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    David Winzelberg

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  • Inked: Long Island commercial property sales and leases update | Long Island Business News

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    2441 Jericho Turnpike,

    ATL Wings leased an 1,805-square-foot space in the City Park Plaza shopping center at 2441 Jericho Turnpike in Garden City Park. The space was formerly occupied by Brooklyn Wing House. Melissa Naeder of Cushman & Wakefield represented the tenant, while John Tannenbaum served as in-house representative for the landlord, Garden City Park Associates, in the lease transaction.

     

    65 East Old Country Road,

    Fidelis Care, a insurance company, leased 2,000 square feet of retail space in the Delco Plaza shopping center at 65 East Old Country Road in Hicksville. The space was the long-time home of Jenny Craig. Melissa Naeder of Cushman & Wakefield represented the tenant, while Neil Schorr of Realty Insight Group represented the landlord, Rush Properties, in the lease transaction.

     

    8 Grant Ave.,

    Su Family 8 Grant LLC purchased .68 acres of at 8 Grant Ave. In Bay Shore for $2.1 million. Jeremy Hackett of Metro Realty Services represented the buyer, while Rich Pino and Dave Blanc of R&R Commercial Realty Group represented the seller, RJS Trucking, in the sales transaction.

     

    2052 Route 112, Medford

    PBBSNYC Medford LLC, an affiliate of Pallet Kings Liquidators, leased 25,000 square feet of commercial space at 2052 Route 112 in Medford. The space was formerly occupied by Angela’s House Home Store. Michael Murphy of Douglas Elliman Commercial represented the tenant, as well as the landlord, Lucky Daughters Realty, Inc., in the lease transaction.

     

    1235 Grand Ave., Baldwin

    Hermes Management LLC, a New York City-based investment firm, purchased a 4,500-square-foot building on 1.09 acres at 1235 Grand Ave. in Baldwin for $3.6 million. The property is triple net leased to Chase Bank. The sale price equates to a 5.36 percent cap rate. Anne Chang of JadeStone Real Estate Consulting represented the buyer, while Dylan Silber of Silber Investment Properties represented the seller, RDC Baldwin LLC, in the sales transaction.

     

    68-70 East Jefryn Blvd.,

    Bob Wu, a Brooklyn-based commercial real estate investor, purchased the 18,000-square-foot building on .93 acres at 68 East Jefryn Blvd. in Deer Park and the adjacent 18,000-square-foot building on .94 acres at 70 East Jefryn Blvd. for $7.4 million. The multi-tenant properties are 100 percent occupied by a total of 13 tenants. The sale price equates to a 6.5 percent cap rate. Michael Gronenthal of Douglas Elliman Commercial represented the buyer, while Desmond Mullins of Premier Commercial Real Estate represented the seller, DP Industrial Holdings LLC, an affiliate of Manhattan-based Anchor Capital Group, in the sales transaction.

     

    2-20 Larkfield Road, East Northport

    Jay Collins purchased a 9,975-square-foot mixed-use building on .37 acres at 2-20 Larkfield Road in East Northport for $2 million. The property has one rental apartment and four commercial spaces. The buyer plans to occupy a currently vacant 2,500-square-foot retail space. The sale price equates to a 6.6 percent cap rate. Stefanie Cosentino of Cosentino Realty Group represented the buyer, as well as the seller, Brave Tornado LLC, in the sales transaction.


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    David Winzelberg

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  • Inked: Long Island commercial property sales and leases | Long Island Business News

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    208-210 S. Fehr Way,

    Integrated Tech Labs purchased a 13,500-square-foot industrial building on .75 acres at 208-210 S. Fehr Way in Bay Shore for $2.9 million. Integrated Tech, which provides engineering solutions and testing services to the military, aerospace and other sectors, is relocating from Deer Park. Alberto Fiorini and Niko Khetaguri of Alliance Real Estate represented the buyer, while Frank Posillico of Fra-Nic Realty represented the seller, James Mitchel Properties, in the sales transaction.

     

    210 E. Sunrise Highway, Lynbrook

    Clear Freight, a logistics company, subleased 7,000 square feet of office space at 210 E. Sunrise Highway in Lynbrook. The firm is relocating from Inwood. Clear Freight’s three-year sublease was extended seven more years with a direct lease with the Lynbrook property’s landlord. Daniel Gazzola and Daniel Oliver of Newmark represented Clear Freight and the landlord, Three Brothers Properties, while Ralph Giuffre of CBRE represented the main tenant, Seko Worldwide, in the sublease transaction.

     

    79 Cedarhurst Ave.,

    One Stop Metro LLC & QAPLA Holdings LLC purchased a 6,000-square-foot industrial building on 1.19 acres at 79 Cedarhurst Ave. in Medford for $1.9 million. Mark Timpone of Metro Realty Services represented the buyer, while Jeremy Hackett of Metro Realty Services represented the seller, 79 Cedarhurst Ave LLC, in the sales transaction.

     

    3165 Route 112, Medford

    Jallall Jagmohan Family Trust purchased a 6,000-square-foot building on 1.4 acres at 3165 Route 112 in Medford for $1.5 million. Michael Gronenthal of Douglas Elliman Commercial represented the buyer, while Michael Murphy and Dennis Gandley of Douglas Elliman Commercial represented the seller, Stacey Kjaer, in the sales transaction.

     

    39 Maple Place, Amityville

    39 Maple Place LLC purchased a 4,400-square-foot industrial building on .21 acres at 39 Maple Place in Amityville for $1.2 million. Michael Pisciotta of Metro Realty Services represented the buyer, while Rosemarie Bozza of Above Board Realty represented the seller, Sumpkin Family Trust, in the sales transaction.

     

    36 Syvester St.,

    Kashif Naseem purchased a 12,333-square-foot industrial building on .46 acres at 36 Syvester St. in Westbury for $2.8 million. Mark Timpone and Andrew Blumenthal of Metro Realty Services represented the buyer, as well as the seller, Grand Machinery, in the sales transaction.

     

    3648 Long Beach Road,

    Rookies Fitness LLC leased a 4,000-square-foot retail space at 3648 Long Beach Road in Oceanside. Christopher Pesce and Kenneth Hester of Douglas Elliman Commercial represented the tenant, as well as the landlord, 3644 Long Beach Rd LLC, in the lease transaction.


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    David Winzelberg

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  • Priciest home sales in Bay Shore | Long Island Business News

    Priciest home sales in Bay Shore | Long Island Business News

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    Priciest home sales in Islip Terrace

    The three highest-priced home sales in Islip Terrace last month ranged from $553,500 to $575,000. 

    April 7, 2023

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    David Winzelberg

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  • Priciest home sales in Bay Shore | Long Island Business News

    Priciest home sales in Bay Shore | Long Island Business News

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    Priciest home sales in Bay Shore (11706) 

    October 2022 

    The three highest-priced home sales in Bay Shore last month ranged from $925,000 to $1.7 million. 

    The priciest Bay Shore home sold in October was a 6-bedroom, 4.5-bath waterfront contemporary on .50 acres at 153 Awixa Ave. that sold for $1.7 million in cash. It was listed by Michele Gates of Coach Realtors and sold by Eric Ramsay of Eric G. Ramsay Jr. Associates. 

    A 5-bedroom, 3.5-bath waterfront home on 1.26 acres at 143 Awixa Ave. fetched $1.5 million. It was listed by Linda Kerr and Eric Gordon Ramsay of Eric G. Ramsay Jr. Associates and sold by Swati Mantione of Exp Realty. 

    At 907 Thompson Drive, a 4-bedroom, 2.5-bath farm ranch on .91 acres went for $925,000. It was listed by Tammy Ramsay of Eric G. Ramsay Jr. Associates and sold by her colleague Rosemary Keenan Zulli. 

    Source: OneKeyMLS.com 

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    David Winzelberg

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  • Priciest home sales in Bay Shore | Long Island Business News

    Priciest home sales in Bay Shore | Long Island Business News

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    Priciest home sales in Bay Shore (11706) 

    September 2022 

    The three highest-priced home sales in Bay Shore last month ranged from $760,000 to $815,000. 

    The priciest Bay Shore home sold in September was a 5-bedroom, 3.5-bath colonial on .54 acres at 20 Fairway Court that sold for $815,000. It was listed by Tammy Ramsay of Eric G. Ramsay Jr. Associates and sold by her colleagues Eric Ramsay and Scarlett Leone. 

    A 3-bedroom, 2.5-bath expanded ranch on .22 acres at 11 Girard Ave. fetched $810,000. It was listed by Dorothy Ziccardi of Eric G. Ramsay Jr. Associates and sold by Nicholas Campasano of The Agency Northshore. 

    At 102 Awixa Ave., a 3-bedroom, 1.5-bath ranch on .68 acres went for $760,000 in cash. It was listed and sold by Janet Biasi of Realty Connect USA LI. 

    Source: OneKeyMLS.com 

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    David Winzelberg

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