21 Peachtree Court, Holbrook
Shield Pharmaceuticals Corp. leased 10,000 square feet of industrial space at 21 Peachtree Court in Holbrook. The Ronkonkoma-based company manufactures and distributes a wide range of store-brand over-the-counter products. Michael Zere of Zere Real Estate Services represented the tenant, as well as the landlord, 21 Peachtree LLC, in the lease transaction.
1817 and 1819 Deer Park Ave., Deer Park
Kirk Milan, a Dix Hills-based commercial real estate investor, purchased two mixed-use buildings totaling 6,141 square feet on .18 acres at 1817 and 1819 Deer Park Ave. in Deer Park for $1.5 million. The building at 1817 Deer Park Ave. has four apartments over a retail store and the building at 1819 Deer Park Ave. has two apartments over ground-floor office space. Both properties are fully occupied. The sale price equates to a 7.52 percent cap rate. Dawn Gingold of American Investment Properties represented the buyer, while Ron Koenigsberg of American Investment Properties represented the seller, DPA Holdings LLC, in the sales transaction.
129 Walt Whitman Road, Huntington Station
L’Elite Medispa purchased a 2,500-square-foot retail building on .14 acres at 129 Walt Whitman Road in Huntington Station for $1.3 million. The property was formerly occupied by a lighting showroom. L’Elite Medispa is a provider of integrated health and wellness services. Jayne Moore of Listing Pro Realty Services represented the buyer, while Scott Harz of Alliance Real Estate represented the sellers, Michael and Elizabeth Bibla, in the sales transaction.
33-35 Sylvester St., Westbury
Westbury Sylvester Management LLC purchased a 12,508-square-foot industrial building on .52 acres at 33-35 Sylvester St. in Westbury for $3.18 million. The property was formerly owned and occupied by Arkwin Industries, which has another location in Bethpage. Michael Gronenthal of Douglas Elliman Commercial represented the buyer, while Matt Manoogian of CBRE represented the seller, Arkwin Industries Inc., in the sales transaction.
675 Old Country Road, Westbury
The law firm of Choudry & Franzoni PLLC purchased a 6,768-square-foot office building on .66 acres at 675 Old Country Road in Westbury for $2.3 million. The property was formerly owned and occupied by Pryor & Mandelup LLP. Michael Murphy and Michael Gronenthal of Douglas Elliman Commercial represented the buyer, as well as the sellers, Robert Pryor and Scott Mandelup, in the sales transaction.
2373 Hempstead Turnpike, East Meadow
SL54 East Meadow LLC, a Pilates studio, leased 4,000 square feet of retail space at 2373 Hempstead Turnpike in East Meadow. Chris Pesce and Kenneth Hester of Douglas Elliman Commercial represented the tenant, as well as the landlord, Harlington Realty Co. as agent for Picadilly Properties LLC, in the lease transaction.
