McCloskey and Dell of New York Commercial Real Estate close $850,000 sale with Oxman of East End Commercial Real Estate

According to New York Commercial Real Estate, (NYCRE) the firm has closed the following sales: Real estate sales consultants Gerry McCloskey and Robert Dell of NYCRE completed the sale of a 13,500 s/f office building located at 220 Roanoke Ave. McCloskey and Dell represented the property owner, Independent Order of the Odd Fellows. The buyer, Raymond Castronovo of Xenith Professional Plaza, LLC, was represented by Laurence Oxman of East End Commercial Real Estate. The property sold for $850,000. According to McCloskey and Dell, plans are underway for the building to be renovated and then leased. Additionally, the new owner is planning to operate his contracting business at the location. In a second transaction, real estate sales consultant Richard Pino of NYCRE completed the sale of a 2,400 s/f freestanding retail building with grandfathered-in two bedroom accessory apartment on the top level. The property is located at 1044 Jericho Tpke. in Smithtown. Pino was the exclusive broker on the transaction, representing both the owner, a private investor, and the buyer, Seven Gables Power Equipment. The property sale value was $392,000. According to Pino, Seven Gables will be relocating to the new location from its prior facility in Commack. New York Commercial Real Estate 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 Jack 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, New York Commercial Real Estate 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.