September 28, 2022 - A retail property in Deer Park has sold for $2.06 million. The Rakimav family purchased the 7,433-square-foot retail building on .50 acres at 1883 Deer Park Ave. Ron Koenigsberg of American Investment Properties represented the buyer, as well as the seller, Sandra Stuart Properties LLC, in the sales transaction. View Story on LIBN Website [...]
May 16th, 2022 - The award celebrates Long Island-based senior-level executives who consistently demonstrate remarkable leadership skills, integrity, values, vision, commitment to excellence, company performance and community service. More about the Executive Circle Award and Ron Koenigsberg can be found here. Read The Full Story
May 13, 2022 - After enjoying a few years of historically low interest rates that fueled a boom in real estate investments, those working in the residential and commercial sectors are dealing with a new reality, as the highest rates in more than a decade begin to slow sales, impact trades and shave yields. Read [...]
David Winzelberg - April 13th,2022 Postal Realty Trust is the first and only publicly traded REIT focusing solely on the acquisition and management of properties leased to the USPS, according to its website. Ron Koenigsberg of American Investment Properties represented the buyer, as well as the seller, Baldwin Properties LLC, in the sales transaction. Read The [...]
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
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 [...]
