Farmingdale, NY According to Suffolk Industrial Properties (SIP), 40 Allen Blvd. sold for $2.4 million last month.
Michael Freedberg, president of SIP represented the seller, Richlin Machinery, while Alliance Real Estate represented the buyer, Ripi Precision.
This is an industrial building, 15,000 s/f with 20 ft. ceilings. The buyer is an investor planning to leasing the building. The building was on the market less than two months.