Largest Office Property Sales on Long Island

Exterior of 100 Crossways Park West, Woodbury, NY

1. Crossways Park West
Address: 100 Crossways Park West, Woodbury, NY
Sale Date: April 18, 2023
Sale Price: $22,125,000
Price/SF: $154

This office building was sold by RXR Realty to KRW Realty Advisors LLC. At the time of sale, the building was reportedly 94% occupied.

This office building is composed of 143,492 square-feet. It is four stories tall, was built in 1973, and is considered to be a Class A building. There are two on-site elevators and 450 on-site parking spaces. The building sits on 8.4 acres of land.

2. Office Building in Levittown
Address: 3000 Hempstead Tpke, Levittown, NY
Sale Date: June 12, 2023
Sale Price: $3,200,000
Price/SF: $52

3000 Hempstead LLC sold this office building to Hempstead Turnpike Properties LLC. The building was reportedly 76% leased at the time of sale.

The building has 62,000 square-feet and is four stories tall. It was built in 1973 and has 35 on-site parking spaces. It is zoned for Office/Retail. Hempstead Tpke experiences a high volume of traffic counts totaling 47,346 cars per day.

Exterior of 3000 Hempstead Tpke, Levittown, NY

3. Office Building in Smithtown
Address: 86 Terry Rd, Smithtown, NY
Sale Date: June 20, 2023
Sale Price: $1,495,000
Price/SF: $174

D & S Zenker LLC sold this medical office to an unknown buyer. The building has 8,600 square-feet and was built in 1986.

It is three stories tall and provides 38 on-site parking spaces. The building has several on-site amenities such as 24-hour access, concierge, partitioned offices, etc. This property is located in close proximity to the Smithtown Bypass.

Exterior of 86 Terry Rd, Smithtown, NY

4. Office Building in Smithtown
Address: 359 Route 111, Smithtown, NY
Sale Date: May 3, 2023
Sale Price: $1,355,000
Price/SF: $151

Anna Marie Realty Corp sold this medical office building to Steel Equities. The building totals 9,000 square-feet and is one story tall.

It was built in 1979 and is considered to be a Class B building. There are 54 on-site parking spaces and the building sits on 1 acre of land.

Exterior of 359 Route 111, Smithtown, NY

5. Office Building in Albertson, NY
Address: 840 Willis Ave, Albertson, NY
Sale Date: April 26, 2023
Sale Price: $1,325,000
Price/SF: $250

This office building was sold by Schott Group LLC to 840 Willis Avenue LLC. The building is composed of 5,310 square-feet and is three stories tall. It was built in 1957 and sits on roughly 10,000 square-feet of land.

The building provides on-site amenities such as 24-hour access, partitioned offices, an on-site property manager, and more. This property is located between the Northern State Pkwy and Hillside Ave.

Exterior of 840 Willis Ave, Albertson, NY

6. Office Building in Holbrook, NY
Address: 270 Union Ave, Holbrook, NY
Sale Date: May 12, 2023
Sale Price: $1,180,000
Price/SF: $289

This medical office was sold by FLSK Realty LLC to SMK Care LLC. It was reportedly vacant at the time of sale.

The building is composed of just over 4,000 square-feet and was built in 1982. It is one story tall and has 60 on-site parking spaces. The building sits on almost 41,000 square-feet of land.

Exterior of 270 Union Ave, Holbrook, NY

7. Office Building in Mineola, NY
Address: 243 Willis Ave, Mineola, NY
Sale Date: April 14, 2023
Sale Price: $1,100,000
Price/SF: $314

Virginia Maurer sold this medical office to 243 Willis Ave LLC. The building was reportedly fully leased at the time of sale. The building is made up of 3,500 square-feet and is two stories tall. It was built in 1893 and has 16 on-site parking spaces.

This property is located within walking distance of Jericho Tpke.

Exterior of 243 Willis Ave, Mineola, NY

8. Office Building in Merrick, NY
Address: 1812-1814 Merrick Rd, Merrick, NY
Sale Date: April 7, 2023
Sale Price: $955,000
Price/SF: $106

Alara Investments LLC sold this office building to GRE Properties One LLC. The building was 100% occupied at the time of sale.

This office building is composed of 9,000 square-feet and is three stories tall. It was built in 1967 and provides elevator access. There are 12 on-site parking spaces. Merrick Rd experiences high traffic counts daily of 29,524 cars per day.

Exterior of 1812-1814 Merrick Rd, Merrick, NY

9. Office Building in Locust Valley, NY
Address: 212 Forest Ave, Locust Valley, NY
Sale Date: May 16, 2023
Sale Price: $812,500
Price/SF: $224

Cemma Property 1 LLC sold this office building to 1 Wadsworth Terrace Realty LLC. The building was reportedly fully leased at the time of sale.

The building consists of 3,625 square-feet and was built in 1982. It is two stories tall and has 12 on-site parking spots.

This property is located within walking distance of the Locust Valley train station.

Exterior of 212 Forest Ave, Locust Valley, NY

10. Office Building in Miller Place, NY
Address: 41 Echo Ave, Miller Place, NY
Sale Date: April 17, 2023
Sale Price: $792,495
Price/SF: $169

Donald Mccrea sold this medical office to Adam Copp. The building was reportedly 100% leased at the time of sale.

The building consists of 4,700 square-feet and is two stories tall. It was built in 1973 and later renovated in 1996. The property provides some on-site parking and sits on roughly 26,400 square-feet of land.

Exterior of 41 Echo Ave, Miller Place, NY

Buying or Selling a Commercial Property on Long Island?

American Investment Properties (AIP) Inc., was founded by Ron Koenigsberg on July 4th, 2001. AIP specializes in the sale and acquisition of commercial real estate on Long Island. Participating in over $2 billion worth of property sales to date, AIP is a well-known and highly respected name in the Long Island commercial real estate community.