News: Brokerage

Raffa of Island Assocs. closes $1.624m sale of 5,600 s/f ind’l.

1714 Church Street - Holbrook, NY

Holbrook, NY Robert Raffa of Island Associates Real Estate closed on a 5,600 s/f industrial condo unit located at 1714 Church St. The unit sold for $1.624 million and is on three acres with a 47,000 s/f building divided into eight units ranging from 4,000-6,000 s/f with some units having both a drive-in as well as a loading dock.

Raffa represented and assisted the seller and the buyer. The unit was owned by a family estate who also owns another 6,000 s/f unit which Raffa is helping to sell.

The buyer is an owner of a fire and compression company in Suffolk county.

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