Caveat Emptor is a Latin term meaning, “let the buyer beware.” In commercial real estate transactions, this phrase reminds buyers to complete their due diligence when purchasing a property. Due diligence can be overwhelming and consuming, however, when broken down simply and with process followed, it begins to feel more approachable. The Stages of Due Diligence [...]
Ron Koenigsberg successfully sold the office buildings at 359 Hauppauge Rd in Smithtown, New York. Learn more about this real estate sale here.
Dawn Assael Gingold (Investment Sales Associate) successfully closed on the office building at 550 W Merrick Rd in Valley Stream, New York.
January 17th, 2023 - Valley Stream, NY American Investment Properties (AIP) was exclusively retained to sell the 7,308 s/f two-story office building at 550 W Merrick Rd. The office property was 25% vacant at the time of sale. Initially, potential buyers expressed interest in occupying the property but required more space than what was available [...]
Ron Koenigsberg successfully sold the office building at 218 Broadway in Bethpage, New York. Learn more about this real estate sale here.
November 8th, 2022 - East Northport, NY - American Investment Properties (AIP) was exclusively retained to sell 2 Larkfield Rd. The mixed-use building totals almost 10,000 s/f and is located next to the Northport train station. There were 60% of tenants with leases expiring within a year’s time. AIP knew they had to find an [...]
November 3rd, 2022 The sale price equates to an 8.29 percent cap rate. Ron Koenigsberg of American Investment Properties represented the buyer, as well as the seller, Alexander Karp & Son Inc., in the sales transaction. Read The Full Story Here
October 27th, 2022 A mixed-use property in East Northport has sold for $1.75 million. BraveTornado LLC, an entity registered to an East Meadow-based real estate investor, purchased the 9,975-square-foot building on .37 acres at 2-20 Larkfield Road. Read The Full Story Here
October 11th, 2022 Koenigsberg closed the sale at a $277 price per s/f, outperforming the market by 25%. Retail property sales on Deer Park Ave. have averaged $222 price per s/f in recent years. View Story on NYREJ Website
October 6th, 2022 The property is 50 percent occupied and the sale price equates to a 5.82 percent cap rate. Ron Koenigsberg of American Investment Properties represented the buyer, as well as the seller, Sandra Stuart Properties LLC, in the sales transaction. Read The Full Story Here
