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Long Island
Posted: October 11, 2022
Vanderbilt closes on 10,000 s/f industrial building for $1.6 million
Freeport, NY According to Vanderbilt Realty, the sale of 14-16 Brooklyn Ave. has closed. The three story industrial building contains 10,000 s/f.
Lyle Alper, the director of investment sales at Vanderbilt represented the seller, Brooklyn Boys Properties, LLC and purchaser, 14-16 Brooklyn Ave. LLC. The purchase price was an all cash transaction at $1.6 million.
Alper said “The purchaser obtained a change of use to medical. This zoning change made a lot of sense for the purchaser.”
Vanderbilt Realty located in Glenwood Landing specializes in the sale of investment grade properties in Nassau and Suffolk counties.
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Long Island
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