Delisle and Monahan of Island Associates arrange $900,000 sale of 10,000 s/f building in Lynbrook

February 04, 2019 - Long Island
Roger Delisle,
Island Associates

 

Robert Monahan,
Island Associates

 

Lynbrook NY Roger Delisle and Robert Monahan of Island Associates Real Estate Inc. have negotiated and closed the sale of 230-234 Hempstead Ave. The property sold for $900,000.  The site consists of a 10,000 s/f building occupied by 5 Corner Fitness.  The seller was LP Gold Realty Corp., who was the original operator of a fitness facility at the location, and the purchaser was Jado Associates LLC, a real estate investor who purchased the property as replacement property for a 1031 exchange. 5 Corner Fitness is under new ownership and will continue to occupy the property and operate a fitness facility.

230-234 Hempstead Avenue - Lynbrook, NY

 

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