In The News
Read about American Investment Properties and Ron Koenigsberg in the News. Below you will find links to stories in numerous industry relevant publications and national news outlets.
American Investment Properties & Royal Properties Sell Liberty Center Plaza
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 and 20. This property was built in 1956, has over 1,200 ft. of frontage on Highway US-20 and 319 parking spaces.
“At the end of the day, the cap rate made this an attractive opportunity for my client,” said Scott Meshil of Royal Properties, Inc., who represented the buyer.
Ron Koenigsberg, CCIM, president of American Investment Properties, acted on behalf of the seller.
Click here to read the full story.
Koenigsberg and Alper of AIP Broker $1.675 Million
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 today.
The Emerging Pop-Up Store Movement
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 well as make some sales while testing the market.
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Koenigsberg of AIP Brokers $1.675M Sale of 8,856 SF Office Building
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 and seller in the deal. American Investment Properties’ core values include the three P’s: Passion, professionalism and positivity.
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The Fed Funds Rate Hike; Plans and Projections
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 unanimously agreed to raise the federal funds rate a quarter percentage point, to a range of 2% to 2.25%…
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A New Drug Store in Town: Medical Marijuana Dispensaries
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 Hyde Park (Nassau County) and Columbia Care in Riverhead (Suffolk County)…
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