Largest Office Property Sales on Long Island – Q1 2025

Exterior of 443 Sunrise Hwy, Lynbrook, NY

1. Medical Office Building in Lynbrook, NY
Address: 443 Sunrise Hwy, Lynbrook, NY 11563
Sale Date: March 25, 2025
Sale Price: $11,478,487
PSF: $1,127

Zwanger-Pesiri Corporation sold this medical office building in Lynbrook, NY to IRA Capital, LLC. This sale was considered to be a sale leaseback and investment triple net. It was also sold as part of a portfolio.

This building consists of 10,178 square-feet, is two stories tall, and was built in 2013. There is some on-site parking on the side of the building.

Sunrise Hwy receives high traffic counts of over 48,000 cars per day. This property is located within walking distance to many retail spaces and restaurants in the heart of Lynbrook as well as the Lynbrook LIRR train station.

2. Medical Office Building in Levittown, NY
Address: 3235 Hempstead Tpke, Levittown, NY 11756
Sale Date: March 25, 2025
Sale Price: $10,443,868
Price/SF: $848

Zwanger-Pesiri Corporation sold this medical office building to IRA Capital, LLC. This sale was considered to be a sale leaseback and investment triple net. It was also sold as part of a portfolio and the building was reportedly fully-leased at the time of sale.

This building consists of 12,315 square-feet, is four stories tall, and was built in 2014. There are 71 on-site parking spaces and the building sits on 2.20 acres of land.

Hempstead Tpke receives high traffic counts of 47,346 cars per day. This property is located near Jerusalem Ave, the Wantagh State Pkwy, Newbridge Rd, and several other major roadways. It is also located near several retail spaces in Levittown such as Home Depot, bakeries, restaurants, Starbucks, Walmart Neighborhood Market, Target, and more.

Exterior of 3235 Hempstead Tpke, Levittown, NY

3. Office Building in Hempstead, NY
Address: 1 Helen Keller Way, Hempstead, NY 11550
Sale Date: March 12, 2025
Sale Price: $8,875,000
Price/SF: $120.75

Helen Keller Services for the Blind sold this office building in Hempstead, NY to The Village of Hempstead.

This building consists of 73,500 square-feet, is six stories tall, and was built in 1973. There are 35 on-site parking spaces and this property is located near the heart of Hempstead, NY.

This property is located within walking distance to several retail spaces, other offices, and to the Hempstead LIRR train station.

Exterior of 1 Helen Keller Way, Hempstead, NY

4. Medical Office Building in Merrick, NY
Address: 2012 Sunrise Hwy, Merrick, NY 11566
Sale Date: March 25, 2025
Sale Price: $6,077,645
Price/SF: $871.97

Zwanger-Pesiri Corporation sold this medical office building in Merrick, NY to IRA Capital, LLC. This sale was considered to be a sale leaseback and investment triple net. It was also sold as part of a portfolio and the building was reportedly fully-leased at the time of sale.

This building consists of 6,970 square-feet, is four stories tall, and is considered to be a Class B building.

There are 30 on-site parking spaces and Sunrise Hwy receives high traffic counts of 48,745 cars per day.

This property is located across from the Merrick LIRR train station and is located close to several other office buildings and retail spaces on Merrick Ave and Hewlett Ave.

Exterior of 2012 Sunrise Hwy, Merrick, NY

5. Office Building in Hauppauge, NY
Address: 99 Smithtown Byp, Hauppauge, NY 11788
Sale Date: March 21, 2025
Sale Price: $5,300,000
Price/SF: $321

MedPlex sold this office building in Hauppauge, NY to Smithtown Bypass Realty LLC. The building was reportedly fully-leased at the time of sale.

This building consists of 16,500 square-feet, is two stories tall, and was built in 1985. There are 80 on-site parking spaces.

This property is situated between the Smithtown Byp, Townline Rd, and Wheeler Rd. It is a close distance away from the Hauppauge Shopping Center and is located North of the Long Island Expy.

Exterior of 99 Smithtown Byp, Hauppauge, NY

6. Medical Office Building in Ronkonkoma, NY
Address: 640 Hawkins Ave, Ronkonkoma, NY 11779
Sale Date: January 7, 2025
Sale Price: $4,000,000
Price/SF: $93.64

Health Insurance Plan of Greater New York sold this medical office building to an undisclosed buyer.

This building consists of 42,718 square-feet, is two stories tall, and was built in 1978. It was later renovated in 1989. There are 175 on-site parking spaces and the building sits on 1.21 acres of land.

This property is located near Lake Ronkonkoma, several national credit retail tenants on Ronkonkoma Ave, and is roughly 2 miles from the Ronkonkoma LIRR train station. Additionally, this property is located about 4.8 miles from the Long Island MacArthur Airport.

Exterior of 640 Hawkins Ave, Ronkonkoma, NY

7. Office Building in Plainview, NY
Address: 111 Express St, Plainview, NY 11803
Sale Date: March 11, 2025
Sale Price: $3,900,000
Price/SF: $260

Airbel Wireless-Sprint Authorized Retailer sold this office building in Plainview, NY to an undisclosed buyer.

This building consists of 15,000 square-feet, is one story tall, and was built in 1963. It was later renovated in 2003.

There are 67 on-site parking spaces and the building sits on 1.05 acres of land.

This property is surrounded by several other office buildings and is located near the Long Island Expy, the Northern State Pkwy, and the Seaford-Oyster Bay Expy.

Exterior of 111 Express St, Plainview, NY

8. Office Building in Syosset, NY
Address: 149 Eileen Way, Syosset, NY 11791
Sale Date: February 6, 2025
Sale Price: $3,400,000
Price/SF: $337

Knoll Printing & Packaging sold this office building in Syosset, NY to 149 Eileen Way Realty LLC. The building was reportedly vacant at the time of sale.

This building consists of 10,088 square-feet, is one story tall, and was built in 1959. It was later renovated in 1995 and there are 44 on-site parking spaces available.

The building sits on 1.11 acres of land and the property is zoned as M1. This property is situated South of Jericho Tpke, North of the Long Island Expy, and East of Jericho Oyster Bay Rd. It is also located under 2 miles from the heart of Jericho, NY that has several retail spaces and office buildings.

Exterior of 149 Eileen Way, Syosset, NY

9. Office Building in Farmingdale, NY
Address: 19 Engineers Ln, Farmingdale, NY 11735
Sale Date: March 5, 2025
Sale Price: $3,000,000
Price/SF: $299

John Paul Smolenski sold this office building in Farmingdale, NY to an undisclosed buyer. The building was reportedly vacant at the time of sale.

The building consists of 10,026 square-feet, is one story tall, and was built in 1947. There are 66 on-site parking spaces and the property is zoned as B.

This property is located close to Route 110 which has several national credit retail tenants and several other office buildings. It is also located close to the Republic Airport and is less than a mile away from the Pinelawn train station.

Exterior of 19 Engineers Ln, Farmingdale, NY

10. Office Building in Hicksville, NY
Address: 110 Stewart Ave, Hicksville, NY 11801
Sale Date: March 11, 2025
Sale Price: $2,950,000
Price/SF: $295

Yan Sanjian sold this office building in Hicksville, NY to an undisclosed buyer.

This building consists of 10,000 square-feet, is three stories tall, and was built in 1986.There is one on-site elevator and there are 4 on-site parking spaces available.

This property is located East of the Wantagh State Pkwy but West of Newbridge Rd. Stewart Ave receives traffic counts of 10,768 cars per day and this property is located close to several neighborhood office buildings and retail spaces.

Exterior of 110 Stewart Ave, Hicksville, NY

Buying or Selling a Commercial Property on Long Island?

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.