Exterior of 1200 Franklin Ave, Garden City, NY
1. Medical Office Building in Garden City, NY
Address: 1200 Franklin Ave, Garden City, NY 11530
Sale Date: November 16, 2023
Sale Price: $92,264,382
Price/SF: $593
Simon Property Group sold this medical office building to New York University. This office building is comprised of 155,471 square-feet, was built in 1956, and is two stories tall.
This property sits on 2.30 acres of land and was reportedly 47% leased at the time of sale.
A notable tenant to mention that was present at the time of sale was Morgan Stanley. New York University owns a radiology and pediatric office across the street and the NYU Langone Hospital is located less than one mile away.
2. Office Building in Brooklyn, NY
Address: 540 Atlantic Ave, Brooklyn, NY 11217
Sale Date: November 29, 2023
Sale Price: 38,000,000
Price/SF: $380
SPL Associates sold this office building in Brooklyn to JCS Realty Group LLC. This office building is comprised of 100,000 square-feet, was built in 1924, and is five stories tall.
The building was 42% leased at the time of sale. According to sale documents, the buyer has approved plans to build an additional 137,00 square-feet and 41 parking spaces. There are currently 20 on-site parking spaces at this location and the property sits on 0.62 acres of land.
Exterior of 540 Atlantic Ave, Brooklyn, NY
3. Office Condo in Brooklyn, NY
Address: 1000 Dean St, Brooklyn, NY 11238
Sale Date: November 16, 2023
Sale Price: $32,500,000
Price/SF: $251
Meadow Partners sold this office condo building to 1000 Dean St Owner LLC. The building was built in 1920 but was later renovated in 2014.
The building is composed of just over 150,000 square-feet, is four stories tall, has three elevators, and sits on 0.86 acres of land.
This property is located in close proximity to the Nostrand Ave train station.
Exterior of 1000 Dean St, Brooklyn, NY
4. Office Building in Brooklyn, NY
Address: 876-888 Atlantic Ave, Brooklyn, NY 11238
Sale Date: November 10, 2023
Sale Price: $25,700,000
Price/SF: $1,311
Odyssey Realty Corp sold this office building in Brooklyn to EMP Capital. The property was vacant at the time of sale.
The building is composed of 19,600 square-feet, was built in 1980, is two stories tall, and is located on just over 20,000 square-feet of land.
It was reported that the buyer has plans to redevelop the property but no pre-approvals have been made yet.
This property is located in the heart of Brooklyn with several bus lines and subway stations surrounding the property.
Exterior of 876-888 Atlantic Ave, Brooklyn, NY
5. Office Condos in Brooklyn, NY
Address: 3144 Emmons Ave, Brooklyn, NY 11235
Sale Date: October 13, 2023
Sale Price: $19,122,464
Price/SF: $372
Leser Realty sold this office condo building in Brooklyn to Maguire Capital Group. The building is composed of 75 units, is three stories tall, was built in 2005, and sits on 1.59 acres of land.
This property is located off of the Belt Pkwy and is near the Lew Fidler Park.
Exterior of 3144 Emmons Ave, Brooklyn, NY
6. Office Building in Garden City, NY
Address: 400 Oak St, Garden City, NY 11530
Sale Date: October 10, 2023
Sale Price: $13,900,000
Price/SF: $187
Vanderbilt Industrial Park sold this office building in Garden City to Long Island FQHC Inc. The property was reportedly 73% leased at the time of sale.
The building is composed of 74,305 square-feet, was built in 1987, is one story tall, and the property has 380 on-site parking spaces.
The property is comprised of 5.9 acres of land. Some notable tenants to mention at the time of sale are the New York State Department of Motor Vehicles and the US Department of Labor.
Exterior of 400 Oak St, Garden City, NY
7. Office Building in Jackson Heights, NY
Address: 7315 Northern Blvd, Jackson Heights, NY 11372
Sale Date: November 9, 2023
Sale Price: $6,550,000
Price/SF: $1,170
Citizens Development Company sold this office building in Jackson Heights to 7315 Northern LLC. The building was reportedly fully-occupied at the time of sale.
The building consists of 5,600 square-feet, is one story tall, was built in 1962, and the property has 18 on-site parking spaces.
This property is located near the Brooklyn Queens Expy and the Q66 bus line stops directly in front of the property.
Exterior of 7315 Northern Blvd, Jackson Heights, NY
8. Office Building in Long Island City, NY
Address: 4546 21st St, Long Island City, NY 11101
Sale Date: October 5, 2023
Sale Price: $6,000,000
Price/SF: $444
Lopar’s Path sold this office building in Long Island City to Century Development Group. The building was reportedly fully-occupied at the time of sale.
This building consists of 13,500 square-feet, was built in 1961, is three stories tall, and sits on 4,600 square-feet of land.
This property is located in close proximity to Murray Playground and Jackson Ave.
Exterior of 4546 21st St, Long Island City, NY
9. Office Building in Hicksville, NY
Address: 99 Newbridge Rd, Hicksville, NY 11801
Sale Date: November 13, 2023
Sale Price: $6,000,000
Price/SF: $303
Harjot Singh sold this office building in Hicksville to South Oxford Management. The building is composed of 19,828 square-feet, was built in 1963, is two stories tall, and the property has 36 on-site parking spaces.
The occupancy of this office building was not recorded at the time of sale.
There is one elevator and the building sits on 0.43 acres of land. The property is located across from the Hicksville train station.
Exterior of 99 Newbridge Rd, Hicksville, NY
10. Office Condos in Flushing, NY
Address: 46-02 70th St, Flushing, NY 11377
Sale Date: November 20, 2023
Sale Price: $4,850,000
Price/SF: $404
Xiao Ke Tang sold this office condo building in Flushing to Chuansheng Wang. The condo was vacant at the time of sale.
The building is composed of 74 units, is nine stories tall, was built in 2019, and has on-site elevator access.
There are 38 on-site parking spaces and the building sits on just under 14,000 square-feet of land.
This property is located on the corner of 70th St and Queens Blvd, just East of the Brooklyn-Queens Expy.
Exterior of 46-02 70th St, Flushing, 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.
