Giapreet LLC Acquires Industrial Property In Hauppauge For $8.4M

A 2.2-acre industrial property located at 40 Ranick Drive in Hauppauge was recently sold for $8,400,000. The property spans 35,760 square feet, resulting in a price per square foot of $235. The sale took place on October 6, 2022, and the transaction involved Giapreet LLC as the buyer and Deslie LLC as the seller.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $8,400,000
• Address: 40 Ranick Drive, Hauppauge
• Market: Hauppauge
• Acres: 2.2
• Buyer: Giapreet LLC
• Seller: Deslie LLC
• Buyer's Representative: Jeffrey Schwartzberg & Jason Miller - Premier Commercial Real Estate
• Seller's Representative: Richard Cohen - Ashlind Properties
• Square Feet: 35,760
• Price per Square Foot: $235

Jeffrey Schwartzberg, Jason Miller, Richard Cohen, Premier Commercial Real Estate, and Ashlind Properties played key roles as representatives in this transaction.