749 Route 109, West Babylon
Best CPA Inc. leased an 11,500-square-foot retail/industrial building on 0.40 acres at 749 Route 109 in West Babylon. The tenant plans to turn the property into a specialty market focused on Asian and Indian cuisine. Luciano Oliverio and Gary Chimeri of Paramount Properties Group represented the tenant and landlord, Route 109 Realty LLC, in the lease transaction.
121 Plaski Road, Kings Park
PDC General LLC purchased a 4,700-square-foot office building on 0.31 acres at 121 Pulaski Road in Kings Park for $690,000. Ron Koenigsberg of American Investment Properties represented the buyer, as well as his 121 Pulaski Associates LLC, the seller, in the sale transaction.
393 Sunrise Highway, Lynbrook
Shiny Properties, a Queens-based commercial real estate investment firm, purchased a 9,925-square-foot retail/office building on 0.11 acres at 393 Sunrise Highway in Lynbrook for $2.3 million. The property is his 78% occupied, with approximately 2,200 square feet of office space currently available. The selling price corresponds to a cap rate of 5.44%. Patrick Hommes of Walsh & Young Commercial Real Estate represented the buyer and Ron Koenigsberg and Dawn Gingold of American Investment Properties represented the seller, his Jonihylin Realty Management Corp., in the sales transaction.
400 Horseblock Road, Farmingville
UG Properties purchased a 10,400-square-foot retail strip center on 1.31 acres at 400 Horseblock Road in Farmingville for $2.65 million. On-site tenants include Carvel and Subway. The sale price corresponds to a cap rate of 6.16%. Sam Judd and Nicolas Anzalone of Silber Investment Properties represented the buyer in the sale transaction, and Adam Silber, a principal at Silber Investment Properties, represented the seller with his Petrakis Properties.
520 Sunrise Highway, West Babylon
Lacrosse camp operator Maverick Center LLC has purchased a 4,000-square-foot industrial building on 0.34 acres at 520 Sunrise Highway in West Babylon for $1.26 million. James Parnes, Anthony Filipelli and Michael Parnes of Schacker Realty represented the buyer, as well as the seller, 520 Sunrise LLC, in the sales transaction.
10 Niagara Avenue, Freeport
10 Niagara Avenue LLC, an affiliate of the Great Neck-based commercial real estate investor, purchased a 14,345-square-foot industrial building on 0.41 acres at 10 Niagara Avenue in Freeport for $2.5 million. Did. The agreement is a sale/leaseback with Forsyth Cosmetic Group, which will continue to occupy the property. Peter Stuart of Coldwell Banker American Homes represented the buyer and Michael Gronenthal of Douglas Elliman Commercial represented the seller and Forsythe Realty Enterprises LLC in the sales transaction.
1299 Middle Country Road, Middle Island
NYU Grossman School, on behalf of the Grossman School of Medicine, has leased 7,500 square feet of retail space in the Strathmore Commons shopping center at 1299 Middle Country Road in Middle Island. The tenant is building a new clinic in the center’s end-cap space. Ted Stratigos of Avison Young represented the tenant in the lease transaction, and Roger Delisle and Bob Raffa of Island Asso-ciates represented the landlord, his 1245 Middle Country Road LLC.