April 12,2022 - North Bellmore, NY Ron Koenigsberg brokered the sale after a lengthy marketing process, acting for both the seller and the buyer. The sale price was $1.075 million, with a 5.95% cap rate, and a price per s/f of $250. The buyers were Bhavik Shah, Hitendra Shah, and Kiran Shah. The 4,296 s/f [...]
David Winzelberg - April 7, 2022 400 Garden City Plaza, Garden City The law firm of Sperber, Hoffman, Stein & Scampoli leased 2,406 square feet of office space at 400 Garden City Plaza in Garden City. Ron Koenigsberg of American Investment Properties represented the tenant, while Kraig Silver served as in-house representative for landlord The [...]
David Winzelberg - March 31,2022 A retail property in North Bellmore has traded for $1.075 million. The Nassau County-based real estate investment group of Bhavik Shah, Hitendra Shah and Kiran Shah purchased the 4,296-square-foot building on .24 acres at 1497-1507 Bellmore Ave. Read The Full Story
Here's our success story on the sale of 1497-1507 Bellmore Ave, North Bellmore, New York.
Our national net lease cap rate snapshot is out! Get insight into how major net lease tenants performed at the end of 2021.
New Hyde Park, NY American Investment Properties completed the sale of an office and warehouse property at 151 Herricks Rd. The sale price was $4.5 million. The subject property, built in 1969, encompasses 7,996 s/f of warehouse space and 22,235 s/f office space, totaling 30,231 s/f, on a .61 acre lot. The property was 36% [...]
March 08,2022 - Long Island Are you thinking about selling your commercial property? If you answered yes, your first step is finding out the value of your commercial real estate. There are many options out there to help you determine the value of your property such as real estate AVMs, and the more commonly known [...]
151 Herricks Road, New Hyde Park 151 Herricks LLC, an entity registered to the owner of Sirina Fire Protection Corp., purchased a 30,231-square-foot office building and warehouse on .61 acres at 151 Herricks Road in New Hyde Park for $4.5 million. Ron Koenigsberg of American Investment Properties represented the buyer, as well as the Manhasset-based [...]
Here's our success story on the sale of 4205 Merrick Rd, Massapequa, New York.
David Winzelberg - February 21,2022 A 30,231-square-foot office building and warehouse in New Hyde Park has traded for $4.5 million. The property consists of 22,235 square feet of office space and 7,996 square feet of warehouse space on .61 acres at 151 Herricks Road. It was purchased by 151 Herricks LLC, an entity registered to the [...]