New Hyde Park, NY American Investment Properties completed the sale of an office and warehouse property at 151 Herricks Rd. The sale price was $4.5 million.
The subject property, built in 1969, encompasses 7,996 s/f of warehouse space and 22,235 s/f office space, totaling 30,231 s/f, on a .61 acre lot. The property was 36% occupied at the time of the sale.
American Investment Properties was retained on an exclusive basis. Ron Koenigsberg, president, was the broker.
The buyer was Michael Warttinger, 151 Herricks LLC of Garden City Park.
The seller was Ramesh Vig, VIG Properties LLC of Manhasset.
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