News:
Brokerage
Posted: April 14, 2026
Marcus & Millichap brokers $7.1 million sale of multi-tenant office building
Roslyn, NY Marcus & Millichap brokered the sale of 200 and 220 S Service Rd. The multi-tenant office properties sold for a total of $7.1 million.
Michael Tuccillo and Anthony Cerrone of Marcus & Millichap represented the seller and buyer for 200 S. Service Rd., while Global Realty Services USA procured the private buyer.
“200 and 220 S Service Rd. combine unmatched highway visibility, immediate access to the Long Island Expwy. and a prestigious Roslyn Heights address within one of Long Island’s most affluent customer bases,” said Tuccillo. “The site is well positioned for long-term success, reinforced by pricing achieved just below the asking price.”
The properties total 28,714 s/f on a 1.54-acre parcel and are configured for multi-tenant office use. They are occupied by a mix of professional tenants with staggered lease expirations.
Located off Exit 39 of the Long Island Expwy. which sees more than 214,000 vehicles per day, and near Exit 28 of the Northern State Pkwy., the properties offer regional connectivity and are one mile from the Roslyn Long Island Rail Road station.
MORE FROM Brokerage
Raffa of Island Associates Real Estate leases 1,700 s/f to Tzanis Mental Health Group at 417 East Main St.
Islip, NY Robert Raffa from Island Associates Real Estate facilitated Tzanis Mental Health Group into 417 East Main St. – a 1,700 s/f office suite. The Tzanis Mental Health Group joins
Quick Hits
 (2).gif)
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
.gif)
September Promotion
