As a commercial real estate professional you must stay updated on the latest transactions in the Long Island market. Luckily, we have you covered with recently sold commercial properties as of September 2019.
Below we’ve collected a handful of properties that were sold on the island and included some important details regarding each transaction.
*Please note, this list isn’t representative of all the transactions on Long Island, and all information collected has not been verified by us.*
Have a look below.
Recent CRE Transactions on Long Island
1. Garden City Office Properties (Portfolio of 2 Properties)
Sold August 15th, 2019
Property #1
A. Address: 990 Stewart Ave, Garden City, NY 11530
Sale Details
Sale Price: $48,059,877.00
Price/SF: $232.17
Property Details
Class A
Year Built: 1988
Land Size: 4.87 Acres or 212,346 SF
Gross Leasable Area (GLA): 207,000 SF
Property #2
B. Address: 900 Stewart Ave, Garden City, NY 11530 
Sale Details
Sale Price: $42,940,123.00
Price/SF: $161.43
Property Details
Class A
Year Built: 1986
Land Size: 5.97 Acres or 260,053 SF
Gross Leasable Area (GLA): 266,000 SF
2. Hubbard’s Commons – Shopping Center
Sold August 13th, 2019
Address: 713-761 Sunrise Hwy, West Babylon, NY 11704
Sale Details
Sale Price: $17,000,000.00
Price/SF: $257.69
Property Details
Land Size: 6.40 Acres or 278,784 SF
Gross Leasable Area (GLA): 65,970 SF
3. Merrick Office Property
Sold August 13th, 2019
Address: 2040 Merrick Rd, Merrick, NY 11566
Sale Details
Sale Price: $5,100,000.00
Price/SF: $474.77
Sale Type: Investment
Property Details
Land Size: 0.68 Acres or 29,621 SF
Gross Leasable Area (GLA): 10,742 SF
4. Ronkonkoma Retail Strip
Sold on August 19th, 2019
Address: 2402 Ocean Ave, Ronkonkoma, NY 11779
Sale Details
Sale Price: $2,675,000.00
Price Per SF: $239.70
Property Details
Year Built: 2000
Land Size: 1.10 Acres or 47,916 SF
Gross Leasable Area: 11,160 SF
5. Southampton Auto Repair Building
Sold on August 22nd, 2019
Address: 1 Pond Ln, Southampton, NY 11968
Sale Details
Sale Price: $2,250,000.00
Price Per SF: $401.79
Sale Type: Investment
Property Highlights
Year Built: 1952
Land Size: 0.19 Acres or 8,276 SF
Gross Leasable Area (GLA): 5,600 SF
6. W Jericho Turnpike Strip Center
Sold on August 1st, 2019
Address: 906-910 W Jericho Tpke, Smithtown, NY 11787
Sale Details
Sale Price: $1,275,000.00
Price Per SF: $173.47
Sale Type: Investment
Property Highlights
Year Built: 1960
Land Size: 0.46 Acres or 20,038 SF
Gross Leasable Area (GLA): 7,350 SF
7. Merrick Road Storefront Retail
Sold on July 31st, 2019
Address: 80 Merrick Rd, Copiague, NY 11726
Sale Details
Sale Price: $1,675,000.00
Price Per SF: $209.38
Sale Type: Investment
Property Highlights
Year Built: 1960
Land Size: 0.37 Acres or 16,117 SF
Gross Leasable Area (GLA): 8,000 SF
8. Westhampton Beach Retail Property
Sold on August 2nd, 2019
Address: 22 Sunset Ave, Westhampton Beach, NY 11978
Sale Details
Sale Price: $1,095,000.00
Price Per SF: $684.38
Sale Type: Investment
Property Highlights
Year Built: 1980
Land Size: 0.15 Acres or 6,534 SF
Gross Leasable Area (GLA): 1,600 SF
9. Port Jefferson Mixed Use Building
Sold on August 13th, 2019
Address: 138 E Main St, Port Jefferson, NY 11777
Sale Details
Sale Price: $850,000.00
Price Per SF: $375.11
Sale Type: Investment
Property Highlights
Land Size: 0.05 Acres or 2,178 SF
Gross Leasable Area (GLA): 2,266 SF
10. Huntington Station Industrial/Warehouse Property
Sold on August 27th, 2019
Address: 691 E Jericho Tpke, Huntington Station, NY 11746
Sale Details 
Sale Price: $1,000,000.00
Price Per SF: $142.86
Sale Type: Owner-User
Property Highlights
Land Size: 0.25 Acres or 10,890 SF
Gross Leasable Area (GLA): 7,000 SF
11. East Setauket Medical Office Property
Sold on August 6th, 2019
Address: 235 Belle Mead Rd, East Setauket, NY 11733
Sale Details
Sale Price: $3,725,000.00
Price Per SF: $189.57
Sale Type: Owner-User
Property Highlights
Gross Leasable Area (GLA): 19,650 SF
Land Size: 2.81 Acres or 122,404 SF
Year Built: 1995
12. Bay Shore Mid Island Apartments
Sold on July 30th, 2019
Address: 35 Penataquit Ave, Bay Shore, NY 11706
Sale Details
Sale Price: $58,000,000.00
Price Per Unit: $250,000.00
Price Per SF: $291.48
Sale Type: Investment
Property Highlights
Gross Leasable Area (GLA): 198,984 SF
Land Size: 4.10 Acres or 178,596 SF
Year Built: 1961
13. Islandia Warehouse Building
Sold on July 29th, 2019
Address: 190 Blydenburgh Rd, Islandia, NY 11749
Sale Details
Sale Price: $2,500,000.00
Price Per SF: $67.57
Sale Type: Investment
Property Highlights
Gross Leasable Area (GLA): 37,000 SF
Land Size: 1.40 Acres or 60,984 SF
Year Built: 1981
14. West Babylon Industrial Property
Sold on August 22nd, 2019
Address: 120 Otis St, West Babylon, NY 11704
Sale Details
Sale Price: $2,350,000.00
Price Per SF: $175.64
Sale Type: Owner-User
Property Highlights
Gross Leasable Area (GLA): 13,380
Land Size: 0.78 Acres or 33,977 SF
Building Class: C
15. Bay Shore Warehouse Property
Sold on August 14th, 2019
Address: 224 N Fehr Way, Bay Shore, NY 11706
Sale Details
Sale Price: $1,400,000.00
Price Per SF: $140.00
Sale Type: Owner-User
Property Highlights
Gross Leasable Area (GLA): 10,000 SF
Land Size: 0.40 Acres or 17,424 SF
Year Built: 1970
16. New Hyde Park Auto Repair Building
Sold on August 5th, 2019
Address: 433 Jericho Tpke, New Hyde Park, NY 11040
Sale Details
Sale Price: $1,750,000.00
Price Per SF: $383.77
Sale Type: Owner-User
Property Highlights
Gross Leasable Area (GLA): 4,560 SF
Land Size: 0.26 Acres or 11,326 SF
Year Built: 1961
17. Retail Buildings (Portfolio of 2 Properties)
Sold on July 30th, 2019
Property #1
Address: 1923-1925 Bellmore Ave, North Bellmore, NY 11710
Sale Details
Sale Price: $1,175,404.00
Price Per SF: $252.78
Sale Type: Investment
Property Highlights
Gross Leasable Area (GLA): 4,650 SF
Land Size: 0.21 Acres or 9,259 SF
Year Built: 1958
Property #2
Address: 235 Sunrise Hwy, Merrick, NY 11566
Sale Details
Sale Price: $624,596.00
Price Per SF: $260.25
Sale Type: Investment
Property Highlights
Gross Leasable Area (GLA): 2,400 SF
Land Size: 0.14 Acres or 5,908 SF
Year Built: 1949
18. Smithtown Storefront Retail
Sold on July 23rd, 2019
Address: 19 Bellemeade Ave, Smithtown, NY 11787
Sale Details
Sale Price: $600,000.00
Price Per SF: $146.34
Property Highlights
Gross Leasable Area (GLA) 4,100 SF
Land Size: 0.27 Acres or 11,761 SF
Year Built: 1988
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