Exterior of 1642-1650 New Hwy, Farmingdale, NY
1. Warehouse Building in East Hills, NY
- Address: 100 Forest Dr, East Hills, NY
- Sale Date: December 1, 2022
- Sale Price: $33,000,000
- Price/SF: $175
Eastrich Realty Corp sold this East Hills warehouse building to Steel Fin LLC.
This sale marks one of the last industrial transactions on Long Island, and the largest sale of the fourth quarter in 2022. The building is 188,000 square feet and was reportedly 78% leased at the time of sale.
A major tenant at this location is the Slant/Fin Corporation which specializes in commercial and residential boiler supplies.
100 Forest Drive features 21 loading docs, 4 total drive-in doors, and a 17-foot high clear height. The building delivers 3,000 amps of power service.
Exterior of 100 Forest Dr, East Hills, NY
2. Warehouse Building in Farmingdale, NY
- Address: 226-232 Sherwood Ave, Farmingdale, NY
- Sale Date: November 9, 2022
- Sale Price: $13,420,716
- Price/SF: $205
Sherwood Equities, Inc sold this 100% leased warehouse to The Silverman Group as part of a portfolio sale. This light industrial warehouse was built in 1975 and is 50,500 square feet in size.
There are 7 loading docks, 4 total drive-in doors, and the clear height is 18 feet. There are 80 on-site parking spaces and the building sits on approximately 2.5 acres.
According to our research, one of the tenants at this location is Red Star Cabinet, who have been there since June 2017. Red Star Cabinet specializes in custom kitchen and bath furniture solutions.
Exterior of 226-232 Sherwood Ave, Farmingdale, NY
3. Warehouse Building in Farmingdale, NY
- Address: 148-174 Milbar Blvd, Farmingdale, NY
- Sale Date: November 9, 2022
- Sale Price: $13,377,097
- Price/SF: $205
Sherwood Equities, Inc sold this 100% occupied warehouse to The Silverman Group as part of a portfolio sale. The warehouse is made up of 60,000 square feet and was built in 1974.
There is 1 loading dock, 1 total drive-in door, and the clear height is 18 feet. The building has a sprinkler system and is located on about 3 acres of land.
A reported major tenant at this location is Prospect Sports corporation. This company specializes in baseball and softball training and equipment. Prospect Sports occupies 30,000 square feet and just moved into this location in January 2021.
Exterior of 148-174 Milbar Blvd, Farmingdale, NY
4. Manufacturing Building in Hauppauge, NY
- Address: 10 Ranick Rd, Hauppauge, NY
- Sale Date: October 11, 2022
- Sale Price: $11,300,000
- Price/SF: $188
This manufacturing building was sold and occupied by STERIS Corporation and purchased by the Bethpage-owned Pennsylvania Steel Company, Inc. According to reports, the building was delivered vacant at the time of sale and the seller relocated to Upstate New York.
Pennsylvania Steel Company purchased this building as a repositioning opportunity. They are coming from a leased space in Bethpage and will be doing a buildout for the new area.
The manufacturing building consists of 60,000 square feet and is positioned next to the Long Island Expressway. There are 2 loading docks, 2 total drive-in doors, and a clear height of 22 feet. The property delivers 2,000 amps of power service.
Exterior of 10 Ranick Rd, Hauppauge, NY
5. Industrial Warehouse in Hauppauge, NY
- Address: 40 Ranick Rd, Hauppauge, NY
- Sale Date: October 6, 2022
- Sale Price: $8,400,000
- Price/SF: $235
This was an owner-user sale from Deslie LLC to Giapreet LLC. This industrial warehouse was built in 1953 and consists of 36,000 square feet.
The property features 2 loading docks, 1 drive-in door, 2 levelers, and a clear height of 16 feet.
This location is known to be car-dependent and lacks public transportation. Its conveniently positioned near the Long Island Expressway and consists of 45 on-site parking spaces.
Exterior of 40 Ranick Rd, Hauppauge, NY
6. Warehouse Building in Farmingdale, NY
- Address: 25-33 Dubon Ct, Farmingdale, NY
- Sale Date: November 9, 2022
- Sale Price: $7,887,998
- Price/SF: $205
Sherwood Equities, Inc sold 25-33 Dubon Court to The Silverman Group as part of a portfolio sale. The warehouse building was 100% leased at the time of sale and consists of 45,000 square feet.
There is 1 loading dock, 3 total drive-in doors, and a clear height of 18 feet.
The property offers 40 on-site parking spaces and the building is zoned as Light Industrial. This property sits behind Adventureland Amusement Park and a big box retail that consists of a Target store.
Exterior of 25-33 Dubon Ct, Farmingdale, NY
7. Warehouse Building in Old Bethpage, NY
- Address: 182 Bethpage Rd, Old Bethpage, NY
- Sale Date: November 3, 2022
- Sale Price: $7,512,500
- Price/SF: $155
Castle Bay Management Services, LLC sold this fully-occupied warehouse to Karp.
The warehouse consists of 48,500 square feet and was built in 1970. There are 2 loading docks, 2 total drive-in doors, and a clear height of 16 feet.
The building sits on 2 acres of land and delivers 1,600 amps of power. The property is located a short distance away from Bethpage State Park.
The tenant at this location is Skate Safe America. Skate Safe America is a roller hockey facility. It is the home of the New York Shock Exchange of the Men’s Roller Derby Association.
Exterior of 182 Bethpage Rd, Old Bethpage, NY
8. Warehouse Building in Farmingdale, NY
- Address: 1642-1650 New Hwy, Farmingdale, NY
- Sale Date: November 9, 2022
- Sale Price: $6,150,489
- Price/SF: $205
Sherwood Equities, Inc 1642-1650 New Hwy to The Silverman Group as part of a portfolio sale.
The warehouse consists of just over 41,000 square-feet and was built in 1974.
There are 2 loading docks, 1 total drive-in door, and a clear height of 18 feet. The fully leased building has 400 amps for power and has 60 on-site parking spots.
The Silverman Group is a nationally recognized owner, investor, developer, and manager of real estate throughout the country. They look for opportunities in all parts of the commercial real estate market, with a particular focus on the industrial sector.
Exterior of 1642-1650 New Hwy, Farmingdale, NY
9. Manufacturing Building in Deer Park, NY
- Address: 601 Acorn St, Deer Park, NY
- Sale Date: November 17, 2022
- Sale Price: $5,180,000
- Price/SF: $259
Bay Holdings Inc sold this 100% occupied manufacturing building to RC Commerce Inc. The building consists of 20,000 square-feet and was built in 1945.
There are 2 loading docks, 2 total drive-in doors, and a clear height of 15 feet. There are 30 on-site parking spaces.
This property is located off Route NY-231 and is occupied by CompressionStockings.com which is an e-commerce company. The company provides treatment to patients who suffer from upper and lower extremity medical issues.
Exterior of 601 Acorn St, Deer Park, NY
10. Manufacturing Building in Plainview, NY
- Address: 130 Express St, Plainview, NY
- Sale Date: November 30, 2022
- Sale Price: $5,100,000
- Price/SF: $170
This 100% leased manufacturing building was sold by 130 Realty Associates LLC and purchased by Dunkirk Realty. Dunkirk Realty is a commercial real estate investment firm that is based on Long Island, New York.
Founded over 30 years ago, Dunkirk Realty has owned and operated millions of square feet across the United States.
The building consists of 30,000 square-feet and was built in 1966. There are 3 loading docks, 1 total drive-in door, and a clear height of 14 feet. The building is equipped with solar panels on the roof.
It is occupied by Die-Matic Products LLC. Die-Matic Products supplies a complete line of parachute hardware used in personnel parachutes, deceleration chutes, cargo chutes, and more.
Exterior of 130 Express St, Plainview, NY
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American Investment Properties (AIP) Inc., was founded by Ron Koenigsberg on July 4th, 2001. AIP specializes in the sale and acquisition of commercial real estate on Long Island. Participating in over $2 billion worth of property sales to date, AIP is a well-known and highly respected name in the Long Island commercial real estate community.
