Cohen of Ashlind Properties arranges two sales totaling $10.67 million

November 05, 2019 - Long Island
Richard Cohen,
Ashlind Properties

 

845 South First Street,
Ronkonkoma, NY

 

Ronkonkoma, NY Richard Cohen, president of Ashlind Properties has brokered two sales totaling $10.67 million.

In the first sale, Cohen represented the seller, DEA Land LLC, and the buyer, Hi-Lo Equipment & Service, LLC, in the $5.95 million sale of of 845 South First St. The property is a 64,224 s/f facility with 28’ clear ceilings with 12 loading docks. Robert Gladitsch of M. Robert Goldman & Co., Inc. obtained the mortgage financing.

The next sale was a second deal transaction with Global Stone / Home Tile Center. Ashlind Properties secured a purchase for 84 Modular Ave., Commack. The property is a 33,380 s/f facility that they will use as their new showroom, architectural office and warehouse. The purchase price was $4.72 million. Cohen represented both the seller and purchaser.

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