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Tag: retail leases

  • 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 real estate leases and sales roundup | Long Island Business News

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    66 S. 2nd St.,

    Flex Fights Inc., a promoter of mixed-martial arts , leased 3,600 square feet of industrial space at 66 S. 2nd St. in Deer Park. The company is expanding and relocating from leased space nearby. Bob Desmond of Industry One Realty represented the tenant, while the landlord, Corbin Development  Corp., was self-represented in the lease transaction.

     

    285 Middle Country Road,

    Tim Horton’s leased a 2,400-square-foot space in the Selden Plaza shopping center at 285 Middle Country Road in Selden. The space was formerly occupied by 1-800-Flowers. Nick Masson of The Shopping Center Group represented the tenant, while Greg Batista of RIPCO Real Estate represented the landlord, Miller Realty Associates, in the lease transaction.

     

    750 Blue Point Road,

    Sensaras LLC, a manufacturer of ultrasonic liquid-level sensor systems, purchased the 15,000-square-foot industrial building on 2.03 acres at 750 Blue Point Road in Holtsville for $3.8 million. The company also owns a building on Smithtown Avenue in . Mark Pawlitscheck of Compass Commercial represented the buyer, while Jeremy Hackett of Metro Realty Services represented the seller, NEPS Property Inc., in the sales transaction.

     

    636 Hempstead Turnpike,

    636 HT LLC, an affiliate of Auto Body With Modern and Classic Performance and Customization, purchased the 8,388-square-foot retail property on .20 acres at 636 Hempstead Turnpike in Franklin Square for $2 million. The property was formerly occupied by Movin’ On Sounds. Michael DiBella of Pliskin Realty represented the buyer, while Jason Merrell, Robert Monahan and Roger Delisle of Island Associates represented the seller, New Hyde Park Fruit Corp., in the sales transaction.

     

    701-5 Koehler Ave.,

    Seckin Digital Printing, a commercial printing company, leased 2,500 square feet of industrial space at 701-5 Koehler Ave. in Ronkonkoma. Michael Zere of Zere Real Estate Services represented the tenant, as well as the landlord, 701-5 Koehler LLC, in the lease transaction.

     

    190 McCormick Drive, Bohemia

    MFLH Roebling LLC leased a 9,000-square-foot industrial building on .69 acres at 190 McCormick Drive in Bohemia. Nicholas Romano of Metro Realty Services represented the tenant, as well as the landlord, Robert Birnbaum, in the lease transaction.

     

    740 Blue Point Road, Holtsville

    Coco Architectural Grilles & Metalcraft, a manufacturer of custom metalwork, purchased the 16,000-square-foot building on 2.24 acres at 740 Blue Point Road for $3.95 million. The property was formerly occupied by a perfume packaging firm. Coco is expanding and relocating from leased space on Allen Boulevard in East Farmingdale after the company outgrew that space and was assisted in the move by the Brookhaven Industrial Development Agency. Founded in Manhattan in the early 1900s, Coco specializes in custom metalwork for the HVAC industry and also performs laser cutting, die casting, welding, and finishing of aluminum, brass, bronze, stainless steel, and steel.

    Andrew Blumenthal and Mark Timpone of Metro Realty Services represented the buyer, 240 Blue Point Realty LLC, while their Metro Realty Services colleague Nicholas Romano represented the seller, 740 Realty Corp, 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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