• Mon. Jun 17th, 2024

Iconic Office Building in Roslyn Sold for $1.95 Million

BySamantha Johnson

Mar 27, 2024
Office property in Roslyn fetches $1.95 million in sale

Recently, an office property in Roslyn was sold for $1.95 million. The 6,034-square-foot building on .15 acres, located at 1326 Old Northern Blvd, was purchased by Vohora Realty LLC, an affiliate of a pharmacy business. The buyer intends to occupy the office building once Summer Discovery, the current tenant, vacates by the end of the year.

The sale of the building was facilitated by Stephen Preuss, Kevin Louie, and Eric Delafraz of RIPCO Real Estate, who represented both the buyer and the seller in the transaction. According to the brokers, the buyer plans to utilize the iconic building for its own operations after the current tenant leaves. The property provides short-term income for the buyer while they finalize their construction and business plans.

Louie stated that 1326 Old Northern Blvd is an iconic building that has been owned and operated by Musik Properties LLC for several decades. “We had several offers at the asking price and were able to put this centrally located asset under contract within 30 days of marketing,” Louie added.

By Samantha Johnson

As a dedicated content writer at newsanguinely.com, I weave words into compelling stories that captivate and inform our readers. With a passion for storytelling and a keen eye for detail, I craft engaging articles that shed light on the latest news and trends. When I'm not typing away at my keyboard, you can find me exploring new ideas, researching diverse topics, and striving to deliver content that resonates with our audience. Join me on this journey as we uncover the stories that matter most.

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