EMX Holdings Acquires Hauppauge Industrial Building For $5.65M With Richard Cohen Representing Both Parties

The industrial property located at 40 Rabro Dr, Hauppauge, NY, 11788 has been sold for $5,650,000.00. The asset spans 47,900 square feet and is situated in the Hauppauge market. The buyer, EMX Holdings, made the purchase with Richard Cohen representing both the buyer and the seller, MJJP Realty LLC, in the transaction.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,650,000.00
• Address: 40 Rabro Dr, Hauppauge, NY, 11788
• Market: Hauppauge
• Square Footage: 47,900
• Buyer: EMX Holdings
• Seller: MJJP Realty LLC
• Buyer's Representative: Richard Cohen

The industrial building sits on 2.74 acres and is fully occupied. Tribeca Nik, an e-commerce wholesaler, is the main tenant in the property. The sales transaction closed last week, with Richard Cohen from Ashlind Properties facilitating the deal between EMX Holdings and MJJP Realty LLC.