Long Island

ACC Real Estate Services brokers three Long Island sales totaling $7.455 million

Mineola, NY ACC Real Estate Services, Inc. has brokered three sales totaling $7.455 million. The first deal was the $4.2 million sale of a 20,000 s/f building at 155 First St., Mineola. The seller was David Liestman of Koeppel Martone Leistman. This buyer of this property was Michael Ambrosino of Ambrosino Consultant Corp.

Hunt Corp. Question & Answer: Measuring space

Q: Brokers seem to quote space as both useable and rentable s/f. Would you please explain rentable and useable s/f, and how are they both calculated? A: The space that a tenant can actually use is called “useable,”

Cohen of Ashlind Properties arranges two leases totaling 46,200 s/f; Also completes a $4.6 million sale in Bayport

Medford, NY Richard Cohen, president of Ashlind Properties, an industrial/commercial realtor, arranged two leases totaling 46,200 s/f and a $4.6 million sale. The deals include the following:

Breslin of Breslin Realty brokers two leases for Greek Xpress totaling 3,158 s/f; Delavale reps landlords

Garden City, NY According to Breslin Realty, Justin Breslin (second-year Hofstra Law student and grandson of Wilbur Breslin, chairman of the board of Breslin Realty) has brokered two long-term leases with Greek Xpress totaling 3,158 s/f...

Tsiolis of Diversified Realty LI represents buyer in $900,000 sale

West Babylon, NY Upper Restoration, a restoration and cleaning company serving Long Island, the five boroughs of New York, New Jersey, Pennsylvania and Connecticut has purchased a 7,000 s/f warehouse...

Racanelli Construction completes $1.2 million interior fit-out project; 3,998 s/f project built for TD Ameritrade

Melville, NY Racanelli Construction Company, Inc. has completed a 3,998 s/f, single-story building project on behalf of TD Ameritrade Holding Corp. The interior fit-out project, for which Racanelli served as the general contractor....

Dunne, Pride and Apfel of CBRE complete sale of 232-unit apartment property

Bay Shore, NY CBRE has arranged the sale of Fairfield Courtyard at Bay Shore – a 232-apartment workforce housing community. The CBRE team of Jeffrey Dunne, Gene Pride and Eric Apfel represented the owner...

Sass of Silber Investment Props. completes $6.625 million sale; Collaborated with RPS capital and Hanley Investment

Hicksville, NY T.M. JASME EAST, LLC has purchased properties located at 96-102 N Broadway, 1-3 Newbridge Rd. and 29 Williams St., from RIARK, LLC for $6.625 million at 6.5% cap rate through a 1031 exchange.

Classi of GCP arranges $12.95 million in financing for two senior apartment complexes

West Sayville, NY GCP Capital Group LLC has arranged $12.95 million in combined financing for two 55+ senior citizen apartment complexes containing a total of 18 two-story buildings

CBRE completes three leases for Regus totaling 87,200 s/f on Long Island

Inwood, NY The CBRE team of Vincent LaManna, Richard Freel and Peter Danna represented Regus, a provider of flexible workspace solutions, in three transactions comprising two lease renewals and an expansion totaling 87,200 s/f.