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Tag: east meadow

  • Kids United to open its first Long Island location | Long Island Business News

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    United, a  concept, will soon open its first Long Island location. 

    The franchise leased a 2,030-square-foot space in the Regency Center at 1975 Front St. in East Meadow. The new , owned and operated by franchisee Daniel Berroya, is expected to open next month. 

    Kids United is a youth athletics franchise focused on soccer. It offers a program of sports, movement, and enrichment activities for children through age nine. The concept includes age-specific class offerings, and a Parent & Me program designed to build confidence, coordination, and early motor skills in young children, according to a written statement. 

    Founded in 2018, the Staten Island-based Kids United now has 18 locations open and 64 in development, according to its website. Existing Kids United locations are open in Brooklyn, Staten Island, Nanuet, New Jersey, Maryland, Virginia, Texas, Illinois, Florida and Utah. 

    The average total investment to open a Kids United franchise is around $275,000, and the average unit volume for each location is $652,300, according to the company. 

    Kids United joins the ‘s tenant roster that includes anchors Stew Leonard’s and Marshalls, and Wingstop, Pearle Vision, Dunkin’, and others. 

    Deanna Durso of Daniel Gale Sotheby’s International Realty represented Kids United, while Edward Gottlieb of Schuckman Realty and Sean Mirkov of Regency Centers represented ownership in the East Meadow lease transaction. 

    “The addition of Kids United brings an exciting new family-focused amenity to the East Meadow Regency Center,” Gottlieb said in the statement. “We are proud to have represented the landlord in securing a tenant that complements the center’s strong retail lineup and serves the local community.” 


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    David Winzelberg

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  • East Meadow apartment project getting IDA assist | Long Island Business News

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    Developers of a planned apartment project in have received preliminary approval for from the Industrial Development Agency. 

    The Newbridge Residence at 558 LLC, headed by Andrew Zucaro, John Brunetti and James O’Donnell, is planning to construct two separate buildings totaling 21,210 square feet on a 1.15-acre vacant lot at 558 . The lot previously belonged to St. Raphael Roman Catholic Church. 

    The development will have 20 two-bedroom, two-bathroom apartments. The $8 million project has town zoning and site plan approval, which were obtained by a prior owner, according to an IDA statement. 

    The developers are seeking a 20-year payment-in-lieu-of-taxes agreement, which would raise property taxes from $34,931 currently to $180,000 in its final year, according to the IDA. The project is expected to create up to 70 construction jobs and one part-time permanent position. 

    “This project will help to satisfy the demand for quality rental housing in East Meadow and in the Town of Hempstead while, over time, generating substantial revenues for the affected taxing jurisdictions,” Fred Parola, CEO of the , said in the statement. 

    Zucaro, who owns Freeport-based , is a prolific developer who has built a variety of multifamily, hospitality, and other commercial projects over the past 45 years. His developments have earned several accolades, including a Smart Growth Award from Vision Long Island for a 115-unit apartment complex in Amityville. 

    The IDA benefits for the East Meadow project still requires a public hearing, scheduled for Tuesday, Dec. 2, before a final authorizing resolution can be approved. 

    Construction on the development is expected to start shortly with completion projected towards the end of next year. 


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    David Winzelberg

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

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    21 Peachtree Court,

    Shield Pharmaceuticals Corp. leased 10,000 square feet of industrial space at 21 Peachtree Court in Holbrook. The Ronkonkoma-based company manufactures and distributes a wide range of store-brand over-the-counter products. Michael Zere of Zere Real Estate Services represented the tenant, as well as the landlord, 21 Peachtree LLC, in the lease transaction.

     

    1817 and 1819 Ave., Deer Park

    Kirk Milan, a Dix Hills-based commercial real estate investor, purchased two mixed-use buildings totaling 6,141 square feet on .18 acres at 1817 and 1819 Deer Park Ave. in Deer Park for $1.5 million. The building at 1817 Deer Park Ave. has four apartments over a store and the building at 1819 Deer Park Ave. has two apartments over ground-floor office space. Both properties are fully occupied. The sale price equates to a 7.52 percent cap rate. Dawn Gingold of American Investment Properties represented the buyer, while Ron Koenigsberg of American Investment Properties represented the seller, DPA Holdings LLC, in the sales transaction.

     

    129 Walt Whitman Road,

    L’Elite Medispa purchased a 2,500-square-foot retail building on .14 acres at 129 Walt Whitman Road in Huntington Station for $1.3 million. The property was formerly occupied by a lighting showroom. L’Elite Medispa is a provider of integrated and wellness services. Jayne Moore of Listing Pro Realty Services represented the buyer, while Scott Harz of Alliance Real Estate represented the sellers, Michael and Elizabeth Bibla, in the sales transaction.

     

    33-35 Sylvester St.,

    Westbury Sylvester Management LLC purchased a 12,508-square-foot industrial building on .52 acres at 33-35 Sylvester St. in Westbury for $3.18 million. The property was formerly owned and occupied by Arkwin Industries, which has another location in Bethpage. Michael Gronenthal of Douglas Elliman Commercial represented the buyer, while Matt Manoogian of CBRE represented the seller, Arkwin Industries Inc., in the sales transaction.

     

    675 Old Country Road, Westbury

    The law firm of Choudry & Franzoni PLLC purchased a 6,768-square-foot office building on .66 acres at 675 Old Country Road in Westbury for $2.3 million. The property was formerly owned and occupied by Pryor & Mandelup LLP. Michael Murphy and Michael Gronenthal of Douglas Elliman Commercial represented the buyer, as well as the sellers, Robert Pryor and Scott Mandelup, in the sales transaction.

     

    2373 Hempstead Turnpike,

    SL54 East Meadow LLC, a Pilates studio, leased 4,000 square feet of retail space at 2373 Hempstead Turnpike in East Meadow. Chris Pesce and Kenneth Hester of Douglas Elliman Commercial represented the tenant, as well as the landlord, Harlington Realty Co. as agent for Picadilly Properties LLC, in the lease transaction.


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    David Winzelberg

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  • Priciest home sales in East Meadow | Long Island Business News

    Priciest home sales in East Meadow | Long Island Business News

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    Priciest home sales in East Meadow (11554) 

    January 2023 

    The three highest-priced home sales in East Meadow last month ranged from $850,000 to $1.05 million. 

    The priciest East Meadow home sold in January was a 4-bedroom, 3.5-bath colonial on .13 acres at 1575 Dillon Ave. that sold for $1.05 million in cash. It was listed and sold by Eric DiGiuseppi of Realty Connect USA. 

    A 4-bedroom, 2-bath colonial on .13 acres at 89 Rose Drive fetched $890,000. It was listed by Gina Padro of Keller Williams Realty Greater and sold by Tamanna Jaggi of Douglas Elliman Real Estate. 

    At 1896 Park Ave., a 3-bedroom, 3-bath split-level on .23 acres went for $850,000 in cash. It was listed and sold by Christopher Hubbard of Re/Max Reliance. 

    Source: OneKeyMLS.com 

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    David Winzelberg

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