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Inked: Recent LI real estate deals

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225 Froehlich Farm Blvd., Woodbury

DAY-OP Center of Long Island leased a 13,233-square-foot medical office building on 1.38 acres at 225 Froehlich Farm Blvd. in Woodbury. DAY-OP will be building an outpatient surgery center at the property. Eric Launer and Dawn Mirko of JLL represented the tenant, while Timothy Parlante, director of leasing at The Feil Organization, served as in-house representative for the landlord in the lease transaction.

 

1295 Northern Blvd., Manhasset

1295 Northern Blvd. LLC, an entity registered to a Queens-based development company, purchased an 11,000-square-foot office building on .78 acres at 1295 Northern Blvd. in Manhasset for $6.2 million. The buyer is planning to redevelop the property for a different commercial use. Christopher Wierzbicki of Pliskin Realty & Development represented the buyer, while Kyle Crennan and Ray Ruiz of JLL represented seller Ulticrest Funding Corp. in the sales transaction.

 

1121 Jerusalem Ave., Uniondale

Exchange Right Real Estate LLC, a Pasadena, Calif.-based real estate investment firm, purchased a 61,916-square-foot supermarket building on 4.48 acres in the Uniondale Shopping Center at 1121 Jerusalem Ave. in Uniondale for $24.75 million. The property is leased to ShopRite. The seller, Red Bank, N.J.-based First National Realty Partners, had purchased the supermarket property in August 2020 for $19.5 million. Aaron Bush of JRW Realty represented the buyer, while Prodigy Real Estate Group represented the seller in the Uniondale sales transaction.

 

1650 Sycamore Ave., Bohemia

MLS Builders Corp. leased 1,000 square feet of office space at 1650 Sycamore Ave. in Bohemia. Michael Zere of Zere Real Estate Services represented the tenant, as well as landlord, Bridgeview Holdings Corp., in the lease transaction.

 

22 Bayville Ave., Bayville

22YRC Lo Properties LLC, an entity registered to a Mt. Sinai-based real estate investor, purchased a 9,494-square-foot mixed-use building on .44 acres at 22 Bayville Ave. in Bayville for $3.9 million. The fully occupied building has four two-bedroom, two-bath, rental apartments over four commercial spaces. Tim Petrou and John Pszczola of Blue Shark Realty Group represented the buyer, while John Magnani of DGNY Commercial and Janine Fakiris and Giselle DiMasi of Daniel Gale Sotheby’s International Realty represented seller 22 Bayville Avenue LLC in the sales transaction.

 

180 Heartland Blvd., Edgewood

FIVF-III-NY1 LLC, a Manhattan-based real estate investment fund, purchased a 24,000-square-foot industrial building on 2 acres at 180 Heartland Blvd. in Edgewood for $4.95 million. The property is fully leased to Biochemical Diagnostics. Philip Shwom of Schacker Realty represented the buyer, as well as the seller, BCDI Realty Company, in the sales transaction.



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