NAI Long Island
Garden City, NY Carmine Inserra, principal, and Paul Schneider, senior director, of NAI Long Island represented the buyer in the sale of 377 Oak St.
Unit Asset Strategies purchased the 5,000 s/f office condo from The Treiber Real Estate Co., LLC, who was represented by Michael Rosenfeld of The Rochlin Org.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,