Category: Long Island

Woodmere, NY The CBRE team of first vice president Elli Klapper, first vice president Charles Berger and associate Jay Gelbtuch, working together with executive vice president Richard Karson from the Long Island office, completed the sale of a former nursing home and rehabilitation center located at 130 Irving Place. The investment sales team arranged the $4 million transaction on behalf of the seller and procured the buyer, Esplanade Capital, which plans to retrofit the existing property and create a best-in-class assisted living facility and memory care center.

Hicksville, NY Zeev Douek, a director at Q10 New York Realty Advisors, has arranged a $1.2 million non-recourse permanent loan on a 3,300 s/f single-tenant retail building located on 240 North Broadway in close proximity to the Broadway Mall. The loan was placed with a New York-based bank and was a cash-out refinance at a 4.5% fixed interest rate. 

Holbrook, NY Marvin Hartman, executive vice president at Pliskin Realty & Development, has represented the landlord and tenants in two leases totaling 4,200 s/f.

East Meadow, NY Southgate Commercial Real Estate has signed a 900 s/f lease at 573 East Meadow Ave.  The space will be an additional location of A-1 Universal Care Inc. Joseph Barbuto, MBA, CIREC, of Southgate Commercial, is the real estate agent who represented A-1 Universal Care and the landlord, 571 East Meadow Ave LLC.

Valley Stream, NY Anthony Fornabaio and Ben Schulman of Vanderbilt Realty have negotiated a 4,400 s/f industrial lease signing at 396 Rockway Ave. The 10-year lease represents the new home of All About Records (AAR). Vanderbilt Realty was the exclusive broker.  

Hauppauge, NY Roger Delisle of Island Associates has arranged four leases totaling 6,629 s/f.

Southampton, NY Hudson managing principal Jason Gerbsman has arranged a 1,500 s/f lease for Ruby & Jenna in the former Calypso space. The new location at 24 Jobs Ln. is the fourth lease that Gerbsman has arranged for the mother-daughter-owned women’s fashion chain and its twelfth store in the tri-state area, joining others in Greenwich, CT, Marlton, NJ, Closter, NY, and Roslyn, NY.

Patchogue, NY New York restaurant institution Patsy’s Pizzeria has leased 2,700 s/f at 35-71 South Ocean Ave. The commitment brings the 23,000 s/f “main street” retail property to 100% occupancy, according to Levin Management Corp. (LMC), the exclusive leasing and managing agent. There was no tenant broker involved in the transaction.

East Hampton, NY Manhattan Skyline Management Corp. has signed three long-term leases totaling 2,742 s/f on the East End of Long Island for new locations for Khanh Sports and Shine at 2454 Main St. in Bridgehampton and Second Nature at 78B Park Place in East Hampton.