May 07, 2019 Seneca Falls, NY According to Royal Properties, Inc. and American Investment Properties, they have completed the $3.975 million sale of Liberty Center Plaza. The property sale price equates to $48.74 per s/f at a cap rate of 10.26%. Liberty Center Plaza is a 81,554 s/f neighborhood center on 15.9 acres, at 2109 Rtes. 5 [...]
February 05, 2019 Cold Spring Harbor, NY American Investment Properties has brokered the $1.675 million sale of 117 Main St. The 6,000 s/f property contains office and retail space. Ron Koenigsberg, CCIM, president, of AIP represented the seller and Lyle Alper, associate of AIP, represented the buyer. To learn more about this sale, view our "Just Sold" brochure [...]
January 08, 2019 The pop-up store movement can help a new brand to find and fine-tune their audience. Short-term leases are appealing to brands, offering the opportunity to test out retail strategies without long-term commitment. This new approach could potentially save the brand money and offer a way to build the brand experience — as [...]
December 04,2018 Woodbury, NY Ron Koenigsberg, CCIM, president of American Investment Properties, has completed the $1.675 million sale of 136 Woodbury Rd. The property is located near the LIRR Cold Spring Harbor Station, making it a great property for commuting. Built in 1977, the 8,856 s/f office building is situated on 1.57 acres. Koenigsberg represented both the buyer [...]
November 06, 2018 The rate that helps determine rates for variable-rate consumer loans such as mortgages, auto loans, credit cards and other consumer borrowing has risen once again. On Wednesday, September 26th, the Federal Reserve raised its key short-term interest rate by a quarter point for the third time in 2018. Policymakers under chairman Jerome Powell [...]
October 02, 2018 New York is one of 30 states with legal medical marijuana programs, and with new talk at the state level of legalizing marijuana for recreational use this could be a very robust market driving high-demand for real estate space. To date, there are already two medical marijuana dispensaries on L.I.: MedMen in New [...]
July 03, 2018 Many types of commercial real estate require a decent amount of management. If you decide to manage the property yourself, you’ll end up spending a fair amount of time handling tenants, payment, and other day-to-day issues. At a certain point, you may even need to hire a property management team which would end [...]
June 05, 2018 51 Waldbaum’s and Pathmark stores on Long Island closed by late November 2015, following parent company A&P’s Chapter 11 bankruptcy. Most of those stores have since been taken over by other supermarkets, including Best Market, Stop & Shop, ShopRite, Key Food and others. Below are six grocers that are growing on Long Island. [...]
May 02, 2018 The most successful deals in commercial real estate, be it buying or selling, boil down to the relationship between client and broker. Typically, the stronger and more trustworthy the relationship is, the smoother the transaction goes. Having the ability to work well with others and possess a deep knowledge of what is best [...]
April 24, 2018 “Retailers are closing their stores and doing much more business online,” says Ron Koenigsberg, a broker and president of Garden City-based commercial real estate company American Investment Properties. “They are increasingly purchasing and renting warehouse space to use as distribution centers.” Read The Full Article>>
