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A Dunkin’ Donuts property at 281 Walt Whitman Road in Huntington Station sold for $2.2 million to franchisee 281 Capital Partners LLC.
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David Winzelberg
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Tag: huntington station
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Dunkin’ Donuts property in Huntington Station sells for $2.2M | Long Island Business News
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BuyBackX opens its first-ever store on Long Island | Long Island Business News
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THE BLUEPRINT:
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BuyBackX opens its first physical store at 275 Walt Whitman Road in Huntington Station.
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Customers can sell or trade in electronics for instant cash or buy pre-owned devices.
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Founded by former Wall Streeter Andreas Leptourgos, BuyBackX grew from BuyBackWorld.com.
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The new store serves as the company’s flagship and model for future expansion.
A successful online buy-sell-trade platform launched 16 years ago is expanding with its first brick-and-mortar store.
BuyBackX has opened its first store at 275 Walt Whitman Road in Huntington Station, where customers can sell their electronic devices for cash and buy certified pre-owned devices at discounted prices.
BuyBackX was founded by entrepreneur Andreas Leptourgos, who began his career on Wall Street before launching BuyBackWorld.com in 2009. The online platform was initially aimed at helping banks upcycle their old BlackBerrys, but soon became a major player in the buying, selling and recycling of other electronic devices.
Andreas Leptourgos / Courtesy of BuyBackX After Leptourgos bought $10,000 worth of iPhones outside of the Apple store on Fifth Avenue on iPhone 4 launch day in June 2010, he quit his Wall Street gig to build his growing online business. Since then, Leptourgos grew the company into a national leader in device trade-ins, featured in Forbes, The New York Times, and named to the annual Inc. 5000 list of fastest growing private companies six times.
BuyBackWorld has purchased more than 1 million devices and paid out more than $100 million to consumers and businesses, developing custom programs for clients such as NVIDIA, Nordstrom, Delta Private Jets, and the Museum of Modern Art without outside funding, according to a company statement.
With the new brick-and-mortar store model, Leptourgos is hoping to make device trade-ins and recycling more convenient and accessible to area consumers.
“Opening our first storefront is a major milestone for us and a big step toward building trust and connection with the local community,” Leptourgos, founder and CEO of BuyBackX, said in the statement. “Our goal has always been to make it easy and rewarding for people to trade in their tech responsibly. We pioneered buybacks online, but we always believed in the power of face-to-face interactions — helping customers see the value in their devices and giving them a better, greener way to upgrade. This new space gives the community a chance to see the process firsthand, including our transparency, efficiency, and environmentally conscious atmosphere. We’re helping consumers turn yesterday’s devices into tomorrow’s opportunities.”
Customers can walk into the BuyBackX store with their phone, tablet, laptop, or other eligible device and receive a quote and walk out with cash (or digital payment) in minutes.
The new Huntington Station location will serve as the company’s flagship store and model for future expansion across Long Island and beyond.
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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, Holbrook
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 Deer Park 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 retail 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, Huntington Station
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 health 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
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, East Meadow
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 Huntington Station | Long Island Business News
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Priciest home sales in Rocky Point
The three highest-priced home sales in Rocky Point last month ranged from $445,000 to $620,000.
May 30, 2023
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David Winzelberg
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