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
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 [...]
