Inked: Current LI real estate deals

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225 Froehlich Farm Blvd., Woodbury

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

1295 Northern Blvd, Manhasset

1295 North Blvd. LLC, a company registered with a Queens-based development company, acquired an 11,000 square foot office building on 0.78 acres at 1295 Northern Blvd. in Manhasset for $6.2 million. The buyer plans to convert the property for another commercial use. Christopher Wierzbicki of Pliskin Realty & Development represented the buyer while Kyle Crennan and Ray Ruiz of JLL represented the seller Ulticrest Funding Corp. represented in the sale transaction.

1121 Jerusalem Avenue, Uniondale

Exchange Right Real Estate LLC, a real estate investment firm based in Pasadena, California, acquired a 61,916 square foot convenience store building on 4.48 acres in the Uniondale Shopping Center at 1121 Jerusalem Ave for $24.75 million. in Uniondale. The property is leased to ShopRite. The seller, First National Realty Partners of Red Bank, New Jersey, acquired the supermarket property in August 2020 for $19.5 million. JRW Realty’s Aaron Bush represented the buyer while Prodigy Real Estate Group represented the seller in the Uniondale sale 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 tenants and landlords, Bridgeview Holdings Corp., on the lease transaction.

22 Bayville Avenue, Bayville

22YRC Lo Properties LLC, a company incorporated in the name of a Mount Sinai real estate investor, acquired a 9,494 square foot mixed-use building on 0.44 acres at 22 Bayville Ave for $3.9 million. in Bayville. The fully occupied building has four two-bedroom, two-bathroom rental apartments in four commercial spaces. Blue Shark Realty Group’s Tim Petrou and John Pszczola represented the buyer, while DGNY Commercial’s John Magnani and Daniel Gale Sotheby’s International Realty’s Janine Fakiris and Giselle DiMasi represented the seller, 22 Bayville Avenue LLC, in the sale transaction.

180 Heartland Boulevard, Edgewood

FIVF-III-NY1 LLC, a Manhattan-based real estate investment trust, acquired 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. Schacker Realty’s Philip Shwom represented both the buyer and seller BCDI Realty Company in the sale transaction.

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