News: Long Island
Posted: March 11, 2013

Cornerstone Capital Realty sells NNN Checkers for $800,000 in Hempstead

Jerry Mancini, co-founder, and James Donahue of Cornerstone Capital Realty recently sold a NNN Checkers on Fulton Ave. at a 7.5% cap rate. Cornerstone represented both the seller Mian Enterprises Inc and the buyer Magid Real Estate Holdings.
Tags: Long Island
Print
Share
Reprint
Previous Story Next Story
MORE FROM Long Island
Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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
Hunt Corp. Commercial Real Estate Q&A: Environmental reports - by David Hunt

Hunt Corp. Commercial Real Est...

CIBS honors outstanding achievements in commercial, industrial and retail real estate community

CIBS honors outstanding achiev...

Environmental due diligence: How much are you willing to spend? - by Chuck Merritt

Environmental due diligence: H...

Hackett and Timpone of Metro Realty Services sell three properties and land for $7.35m

Hackett and Timpone of Metro R...

READ ON THE GO
DIGITAL EDITIONS
Browse Now
Subscribe
Quick Hits
Slate Property Group and Pi Capital Partners to develop 89,000 s/f building
Columns and Thought Leadership
The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.