Dorman of Hunt Corp. brokers $675,000 sale

Lindenhurst, NY Hunt Corporate Services, Inc.has completed the sale of a 7,000 s/f industrial building at 147 Albany Ave. The building was sold for $675,000 or $96 per s/f.

“This sale is the highest paid per s/f to date in the Lindenhurst sub-market, for a property of this size,” said Andy Dorman, a senior broker with Hunt Corporate Services who represented the seller, Albany Avenue Structure LLC. “While the building was in good condition, its price reflects the vibrant demand for industrial properties in Western Suffolk County.”

The building was purchased by Andrew Pagano who intends to house several non-profit organizations under roof.

This industrial warehouse was on the market for a short period of time. “We received a lot of activity during the building’s marketing period,” Dorman said. “It is a functional and efficient building that can accommodate one or multiple businesses.” The brick and block structure has a 16’ ft. ceiling height and is sprinklered. It is located in the West Hoffman Avenue industrial corridor, just a short walk from the Lindenhurst train station. Other features of the L-1 zoned building (light industry) include heavy power, one loading dock, one drive-in door, a rubber membrane roof, and parking for ten vehicles.