Jack Jawdat, president of New York Commercial Real Estate (NYCRE), has completed the $5.2 million sale of a 30,000 s/f, three-story office/retail building located at 315 Walt Whitman Rd. The property, previously owned by King Realty Corp., was sold to a private investor. Jawdat represented both parties. The investment represents the first Long Island property holding for the new owner. The property will be undergoing a complete exterior and interior renovation. Previously, the property's upper two floors were used for office and its first floor used as retail space.
Jawdat, the founder of NYCRE, is well-recognized throughout Long Island's real estate industry, among investors and peers alike, as an experienced, knowledgeable professional who serves as a true business advisor to his clients. His ability to effectively "match" properties to the right buyers and tenants has made him one of the region's top performers. As such, he has been the recipient of numerous performance-based awards.
NYCRE is a full-service provider of comprehensive services in the areas of office, industrial, retail and investment property sales and leasing; 1031 tax-free exchanges; land development; build-to-suit services; and property management. Led by president Jawdat, a well-respected and awarded real estate professional, the firm has gained recognition for its personalized service and focus on helping its clients achieve the maximum return on investment for their real estate transactions. In addition to real estate investors, NYCRE is a trusted real estate advisory and property resource for real estate investment trusts, franchise owner-operators, financial institutions, as well as medical, legal, accounting and other professionals. The company's primary geographic focus is Long Island, New York. For more information, including featured property listings, visit: www.nycreli.com Tags: