Jawdat of New York Commercial Real Estate completes $3.3 million sale

Hauppauge, NY Jack Jawdat of New York Commercial Real Estate (NYCRE) has completed the sale of a Claremont Builders’ property at 1300 Veterans Memorial Hwy. for $3.3 million in cash by a private investor.  The office building, located north of Motor Pwy. had no major obstacles other than the renewal of some existing leases, including medical and professional businesses.

“We have seen more buyers in the market than in recent years,” said Jawdat. “Investors have realized that commercial real estate is a much better vehicle for investment than any other revenue.” 

NYCRE of Smithtown, is known for its comprehensive, personalized service to clients seeking investment, sale or lease of office buildings, apartment buildings, industrial properties and 1031 tax-deferred exchanges. The company meets client investment objectives through the research and provision of critical property details for profitable real estate transactions. In addition, NYCRE employees offer value-added support services from helping to expedite municipal property approvals and property appraisals, to 1031 tax-deferred exchanges, relocations and construction projects.

NYCRE serves the following clients:

• Private Investors, Limited Partnerships and Limited Liability Corporations
• Businesses: Closely-held firms, middle market businesses and large corporations
• Medical groups
• Professionals
• National retailers

Jawdat is well regarded for his exclusive service to the commercial real estate industry for 15 years. He has vast experience in the sale or lease of properties such as office buildings, shopping centers, land, apartment buildings, industrial facilities and 1031 exchanges.