Rasik Patel Acquires Industrial Warehouse At 50 Ranick Dr East For $2.7M

The Estate of Rose Emanuel has sold a fully occupied industrial warehouse in Southwest Suffolk. Located at 50 Ranick Dr East in Amityville, the property spans 16,400 square feet and is zoned for industrial use. The building features 1 external loading dock and sits on a 36,721 square foot lot with 26 parking spaces. The buyer, Rasik Patel, purchased the entire warehouse, resulting in a transaction worth $2,700,000 or $165 per square foot.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $2,700,000
• Address: 50 Ranick Dr East, Amityville
• Market: Southwest Suffolk
• Buyer: Rasik Patel
• Seller: Estate of Rose Emanuel
• Brokers: Dan Abbondandolo, Joe Musso, Joegy Raju, Connor Sullivan, Rob Cullen & Victor Little - Cushman & Wakefield

Representing the seller in this transaction, the brokerage team of Dan Abbondandolo, Joe Musso, Joegy Raju, Connor Sullivan, Rob Cullen, and Victor Little from Cushman & Wakefield facilitated the sale of 50 Ranick Dr East. For more information about this transaction, please contact the exclusive brokers directly.