Koenigsberg of AIP brokers $4.5 million sale of office & warehouse property

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% [...]

2022-03-17T10:55:37-04:00March 10th, 2022|Categories: In the News|

Appraisals vs. Broker Price Opinions: What’s the difference? – by Ron Koenigsberg

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 [...]

2022-03-10T12:44:27-05:00March 8th, 2022|Categories: In the News|

Inked: Recent LI real estate deals

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 [...]

2022-03-10T12:41:14-05:00March 3rd, 2022|Categories: In the News|

New Hyde Park office building and warehouse fetches $4.5M

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 [...]

2022-03-10T12:49:56-05:00February 21st, 2022|Categories: In the News|

2021 Year in Review: Ron Koenigsberg, American Investment Properties

December 28,2021 What was your greatest professional accomplishment or most notable project, deal, or transaction in 2021? Our greatest accomplishment of 2021 is our company’s focus. Our first goal was to meet or exceed our annual commercial property sales numbers. Our second goal was to grow the company in a new space with 11 work [...]

2022-03-10T12:29:49-05:00December 28th, 2021|Categories: In the News|

American Investment Properties handles $965K sale of 2,190 s/f medical office property in Hicksville

November 02, 2021 Ultimately, Koenigsberg found the right buyer through long-standing and friendly relationships with local brokers. Harris Rousso, of Real Estate Strategies, worked together with Koenigsberg to complete this deal. Rousso’s buyers saw the potential in this property for their dental practices and they purchased the property. Read The Full Story [...]

2021-11-12T14:10:29-05:00November 2nd, 2021|Categories: In the News|

Inked: Recent LI real estate deals – October 7th, 2021

October 07, 2021 Sandy Xia, a Queens-based real estate investor, purchased a 9,510-square-foot retail building on .31 acres at 208-220 Franklin Ave. in Franklin Square for $1.55 million. Ron Koenigsberg and Dan Amari of American Investment Properties represented the buyer, as well as the New Jersey-based seller, MVM Realty Two LLC. in the sales transaction. [...]

2021-11-12T14:07:08-05:00October 7th, 2021|Categories: In the News|

North Bellmore office property fetches $1.55M

September 28, 2021 An office property in North Bellmore has sold for $1.55 million.  A Manhattan-based real estate investment firm, under the entity 2540 Bellmore LLC, purchased the 7,605-square-foot office building on .18 acres at 2570 N. Jerusalem Road. The building is 100 percent occupied by an assortment of medical and traditional office tenants. The sale price for the North Bellmore [...]

2021-11-12T14:04:39-05:00September 28th, 2021|Categories: In the News|

Franklin Square retail property fetches $1.55M

September 27, 2021 A retail property in Franklin Square has sold for $1.55 million. Sandy Xia, a Queens-based real estate investor, purchased a 9,510-square-foot retail building on .31 acres at 208-220 Franklin Ave. The five-store property is 100 percent occupied. The sales price equates to a 6.36 percent cap rate.  Read The Full Story

2021-11-12T14:02:44-05:00September 27th, 2021|Categories: In the News|
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