Freedberg of Suffolk Industrial Properties and Alliance Real Estate complete $2.4 million sale

Michael Freedberg,
Suffolk Industrial Properties

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.

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