Sold Commercial Real Estate on Long Island – October 2019

Commercial real estate is always trading on Long Island. As a real estate professional, are you in-the-know about the latest transactions?

If not, we’re here to help. We provide you with a snippet of recently sold commercial properties. Details in the snippet include the sale price, price per SF, cap rate, and general property information.

Have a look below at recently sold commercial real estate on Long Island and feel free to share if you found it insightful!

*Please note, this list isn’t representative of all the transactions on Long Island, and all information collected has not been verified by us.*

Recently Sold Commercial Real Estate

1. Hicksville Warehouse Building

Sold on September 16th, 2019

Address: 96 New South Rd, Hicksville, NY 11801

Sale Details

Sale Price: $8,400,000

Price Per SF: $115.89

Sale Type: Owner-User

Property Details

Gross Leasable Area (GLA): 72,480 SF

Land Size: 3.90 Acres

Year Built: 1960

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2. Ronkonkoma Warehouse Property

Sold on October 16th, 2019

Address: 845 S 1st st, Ronkonkoma, NY 11779

Sale Details

Sale Price: $5,950,000

Price Per SF: $92.64

Property Details

Gross Leasable Area (GLA): 64,224 SF

Land Size: 4.30 Acres

Year Built: 2002

Class: C

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3. Central Islip Medical Office Building

Sold on October 11th, 2019

Address: 267 Carleton Ave, Central Islip, NY 11722

Sale Details

Sale Price: $5,095,000

Price Per SF: $239.20

Cap Rate: 7.80%

Property Details

Gross Leasable Area (GLA): 21,300 SF

Land Size: 0.92 Acre

Year Built: 2007

Class: B

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4. Oceanside Center

Sold on September 24th, 2019

Address: 3098 Long Beach Rd, Oceanside, NY 11572

Sale Details

Sale Price: $4,985,000

Price Per SF: $321.61

Property Details

Gross Leasable Area (GLA): 15,500 SF

Land Size: 1.25 Acres

Year Built: 1999

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5. Commack Industrial/Manufacturing Building

Sold on October 17,2019

Address: 84 Modular Ave, Commack, NY 11725

Sale Details

Sale Price: $4,720,000

Price Per SF: $143.03

Property Details

Gross Leasable Area (GLA) 33,000 SF

Land Size: 2 Acres

Year Built: 1974

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6. Deer Park Industrial Property

Sold on September 30th, 2019

Address: 25 W Jefryn Blvd, Deer Park, NY 11729

Sale Details

Sale Price: $3,000,000

Price Per SF: $122.45

Cap Rate: 4.0%

Property Details

Gross Leasable Area (GLA) 24,500 SF

Land Size: 1.23 Acres

Year Built: 1984

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7. Commack Storefront Retail/Office Building (Sold as Redevelopment Project)

Sold on October 3rd, 2019

Address: 1090 W Jericho Tpke, Commack, NY 11725

Sale Details

Sale Price: $990,000

Price Per SF: $225.67

Property Details

Gross Leasable Area (GLA): 4,387 SF

Land Size: 0.23 Acre

Year Built: 1970

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8. Floral Park Office Building

Sold on September 24th, 2019

Address: 299 Jericho Tpke, Floral Park, NY 11001

Sale Details

Sale Price: $960,000

Price Per SF: $275.39

Property Details

Gross Leasable Area (GLA): 3,486 SF

Land Size: 0.05 Acre

Year Built: 1980

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9. East Meadow Retail & Office Property

Sold on October 16th, 2019

Address: 2380-2384 Hempstead Tpke, East Meadow, NY 11554

Sale Details

Sale Price: $950,000

Price Per SF: $109.95

Property Details

Gross Leasable Area (GLA): 8,640 SF

Land Size: 0.15 Acre

Year Built: 1961

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10. West Babylon Warehouse Building

Sold on September 25th, 2019

Address: 113 Kean St, West Babylon, NY 11704

Sale Details

Sale Price: $940,000

Price Per SF: $117.50

Property Details

Gross Leasable Area (GLA): 8,000 SF

Land Size: 0.40 Acre

Class: C

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11. Hicksville Freestanding Retail Building (Sold as a Redevelopment Project)

Sold on October 4th, 2019

Address: 83 Woodbury Rd, Hicksville, NY 11801

Sale Details

Sale Price: $940,000

Price Per SF: $204.35

Property Details

Gross Leasable Area (GLA): 4,600 SF

Land Size: 0.23 Acre

Year Built: 1957

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12. Freeport Industrial Building

Address: 75 Hanse Ave, Freeport, NY 11520

Sale Details

Sale Price: $870,000

Price Per SF: $135.09

Property Details

Gross Leasable Area (GLA): 6,440 SF

Land Size: 0.17 Acre

Year Built: 1985

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13. Valley Stream Restaurant Building

Address: 41-43 Rockaway Ave, Valley Stream, NY 11580

Sale Details

Sale Price: $850,000

Price Per SF: $170.00

Property Details

Gross Leasable Area (GLA): 5,000 SF

Land Size: 0.21 Acre

Year Built: 1920

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14. Bay Shore Medical Office Building

Address: 69 W Main St, Bay Shore, NY 11706

Sale Details

Sale Price: $830,000

Price Per SF: $267.74

Sale Type: Owner-User

Property Details

Gross Leasable Area (GLA): 3,100 SF

Land Size: 0.08 Acre

Year Built: 1900

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15. Patchogue Retail Property

Address: 208-210 Medford Ave, Patchogue, NY 11772

Sale Details

Sale Price: $820,000

Price Per SF: $82.00

Sale Type: Owner-User

Property Details

Gross Leasable Area (GLA): 10,000 SF

Land Size: 0.30 Acre

Year Built: 1988

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16. Baldwin Freestanding Retail Building

Address: 1016 Atlantic Ave, Baldwin, NY 11510

Sale Details

Sale Price: $327,000

Price Per SF: $259.52

Sale Type: Investment

Property Details

Gross Leasable Area (GLA): 1,260 SF

Land Size: 0.08 Acre

Year Built: 1974

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17. Holbrook Warehouse Property

Address: 1687 Church St, Holbrook, NY 11741

Sale Details

Sale Price: $1,400,000

Price Per SF: $175.00

Sale Type: Owner-User

Property Details

Gross Leasable Area (GLA): 8,000 SF

Land Size: 0.73 Acre

Year Built: 1999

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18. Patchogue Auto Repair Building

Address: 188 Medford Ave, Patchogue, NY 11772

Sale Details

Sale Price: $810,000

Price Per SF: $103.85

Sale Type: Owner-User

Property Details

Gross Leasable Area (GLA): 7,800 SF

Land Size: 0.37 Acre

Year Renovated: 2005

Long Island’s Expert Commercial Real Estate Brokers

Looking to buy or sell commercial real estate on Long Island? Look no further. Our seasoned brokers will be happy to assist you in the sale or purchase of your commercial property.

Contact us at 516.393.2300 or reach us here.

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