City Urban Realty Sells Industrial Flex Warehouse At 110 Liberty Avenue For $2.3M

The property asset involved in this transaction is located at 110 Liberty Avenue, Mineola, featuring a flex warehouse of 9,010 square feet situated on a 12,023 square foot lot. The sale price for this industrial asset was $2,300,000, translating to $255 per square foot. The single-story warehouse is equipped with 1200-amp power service and includes a 14-foot clear ceiling height along with one drive-in loading bay. The location offers convenient access to major roads including Northern State Parkway, Long Island Expressway (I-495), and Meadowbrook State Parkway, and is less than a mile from the Mineola LIRR Station, providing a half-hour train ride into Manhattan.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,300,000
• Address: 110 Liberty Avenue
• Market: Mineola
• Square Footage: 9,010
• Price per Square Foot: $255
• Seller: City Urban Realty - Michael Alvandi & Harry Hochman
• Buyer’s Rep: Nick Dionisiou - Compass
• Seller’s Rep: Daniel Abbondandolo & Joegy Raju - Cushman & Wakefield

The transaction was facilitated by Cushman & Wakefield’s Long Island Investment Sales Team, which was instrumental in bringing together the seller City Urban Realty and the buyer represented by Compass. Daniel Abbondandolo and Joegy Raju acted on behalf of the seller while Nick Dionisiou served as the representative for the buyer, ensuring a successful conclusion to the sale of this industrial property.