News: Brokerage

Densen and Mayor of Island Associates completes $3.45 million sale of 6,000 s/f warehouse

 

Deer Park, NY Lawrence Densen and Christopher Mayor of Island Associates Real Estate have completed the sales of 6,000 s/f warehouse on 1.55 acres on 955 Long Island Ave.

This is a new record for one of the highest prices per s/f property in Deer Park. This sale had many challenges that had to be overcome. The property was formally used for auto wrecking, inside metal storage, and a truck repair shop. There was also outside storage of heavy equipment, trash containers and vehicles. This created environmental concerns as well as title issues, Densen and Mayor worked diligently with both sides as well as the contractors hired on to make sure the sale was able to be complete. The property was sold to a NYC construction and scaffolding company.

Densen and Mayor of Island Associates Real Estate represented the sale totaling $3.45 million. The seller was a family Estate and is excited about the sales. The managing partners David Marro and the estate of Joseph Marro were very satisfied.“The sales price and process were handled professionally and exceeded our expectations. We would be happy to recommend Densen and Mayor to my family, friends, and associates”

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