Arldon Realty completes $1.15 million sale and 2,000 s/f lease
Sheldon Leibowitz of Arldon Realty, LLC, represented the buyer, True Value Hardware in a sale of a 12,000s/f building, 6,000 s/f per floor. Dan Brown of TRS Associates represented the seller, North Shore LIJ Health Systems. The sale price was $1.15 million. The building is located at 94 West Main St. The new owner is planning a $1 million alteration to the building, to include a new elevator. The second floor will be offered for lease by Arldon Realty.
In another transaction Arldon Realty completed a 2,000 s/f lease located at 32 West Main St. The lease will be for five years at $24 s/f. The tenant, Sweet Caroline's Organic Market was represented by Maxine Britt of Faith Realty.
The new shop will be leased by Caroline Cosgrove. Leibowitz, represented the owner, Joe E.Leasing.
Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter