SOLD
Shawn Kui Acquires Industrial Building In Nassau County For $7.6M
180 Terminal Drive
Industrial
39,250 SF
39,250 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Industrial
39,250 sqft
180 Terminal Drive in Plainview, NY has been sold in a recent transaction. The 39,250 square foot single-story industrial building was formerly occupied by Kassl Windows and is located off Long Island Expressway Exit 46, Sunnyside Boulevard. The property, owned by Ron Kassl for over 50 years, was sold for $7,600,000, exceeding the asking price of $7,000,000. The sale of the building marks the first time it has been owned by another landlord, making it a highly desirable asset in the Plainview Industrial Market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,600,000
- Address: 180 Terminal Dr.
- Market: Nassau County
Corey Gluckstal & John Abbate from Five Point Real Estate represented the seller, Ron Kassl, in the transaction. The team received over 20 inspections and multiple offers, highlighting the strong demand for industrial properties on Long Island. For more information about this deal or general inquiries, contact Five Point Real Estate at 631-683-8003 or [email protected].
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Corey Gluckstal & John Abbate
DATE: 04/22/2022
ADDRESS: 180 Terminal Dr.
MARKET: Nassau County
ASSET TYPE: Industrial
BUYER: Shawn Kui
SELLER: Ron Kassl
BROKERS: Corey Gluckstal & John Abbate (@JAbbate209) - Five Point Real Estate (@FivePointRealEstate)
SALE PRICE: $7,600,000
SF: 39,250 ~ PPSF: $193
NOTE FROM @FivePointRealEstate: is happy to announce the sale of 180 Terminal Drive in Plainview, NY. 's Corey Gluckstal & Investment Sales Advisor John Abbate represented the seller. The team had over 20 inspections & several offers demonstrating the ongoing strong demand for industrial properties on Long Island. The property sold for $7,600,000 well over the asking price of $7,000,000.
180 Terminal Drive is a 39,250 SF single story industrial building formerly home to Kassl Windows. Kassl Windows had been located at the building for over 50 years where the building was owner occupied. The sale of the building marks the first time the building has been sold & owned by another landlord. It is immediately off of Long Island Expressway Exit 46, Sunnyside Boulevard making the purchase a rare & highly desirable building in the Plainview Industrial Market.
Contact us at 631-683-8003 or [email protected] for more info on the deal or general inquiries!View on map
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Address180 Terminal Drive
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