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1100 Prospect Ave., West Islip
Mercurio Pictures leased 1,662 sq. toes of warehouse and workplace house at 1100 Prospect Ave. In West Islip. Jamie Winkler of Winkler Actual Property represented the tenant, in addition to the owner, Mibran Realty Corp., within the lease transaction.
231 Wading River Street, Heart Moriches
231 Wading River Street LLC, an entity registered to a Port Jefferson-based actual property investor, bought a 2,975-square-foot retail constructing on 1.5 acres at 231 Wading River Street in Heart Moriches for $4.4 million. The comfort retailer and gasoline station on the property are net-leased to 7-Eleven. Jeff Dahlman of Choose Actual Fairness Advisors represented the customer, whereas Mark Walsh of Choose Actual Fairness Advisors represented the vendor, Donald Zucker Firm, within the gross sales transaction.
505 Walt Whitman Street, Melville
505 WW Holdings LLC, an entity registered to a Roslyn-based actual property funding group, bought a 9,200-square-foot retail constructing on 1.16 acres at 505 Walt Whitman Street in Melville for $3.3 million. The property is totally occupied by two tenants, Steinway Piano Gallery and Grace Music and the sale worth equates to a 7 p.c cap fee. Michael Gronenthal of Douglas Elliman Industrial represented the customer, whereas Ted Trias served as in-house consultant for the vendor, Rechler Fairness Companions, within the gross sales transaction.
2111 Merrick Ave., Merrick
101 Oriental Blvd. LLC, an entity registered to a Franklin Sq.-based actual property investor, bought a 4,700-square-foot retail constructing on .25 acres at 2111 Merrick Ave. in Merrick for $2.9 million. The property is net-leased to Roslyn Financial savings Financial institution and the sale worth equates to a 6 p.c cap fee. Jesse Anselmo of Tri Novo Realty represented the customer, whereas Peter Wolf of Choose Actual Fairness Advisors represented the vendor, Sam Drayman Household Co. LLC, within the gross sales transaction.
202 E. Dixon Blvd., Shelby, N.C.
Commack-based Cosentino Firms bought a 6,150-square-foot retail constructing on 1.21 acres at 202 E. Dixon Blvd. in Shelby, N.C. for $2.25 million.
The property is net-leased to Mattress Agency, which signed a 10-year lease in June and the sale worth equates to a 6 p.c cap fee. Stefanie Cosentino of Cosentino Realty represented the customer, whereas Sam Younger and David Hoppe of Atlantic Capital Companions represented the vendor, MPG Shelby LLC, within the gross sales transaction.
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