Murphy of ERG sells 2035 Benedict Avenue for $1.1 million
ERG Property Advisors arranged the sale of 2035 Benedict Ave. The property is a two-story vacant building with a 12 car parking lot.
The redevelopment site is zoned for up to 24,000 of buildable s/f and, as of sale, there is a current interest for community use that can increase the total of right of build total to 36,000 s/f. The property sold for $1.1 million. Matthew Murphy, senior associate at ERG Property Advisors, exclusively represented the seller.
New Hyde Park, NY New Hyde Park Place, the rebranded commercial property at 271-02 Union Tpke.on the Nassau/Queens border, has signed new tenant Redefine Meals, the Long Island-based prepared-meal company, for a new 1,000 s/f location, starting on September
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
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
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.
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