Joshua Amini Sells Roslyn Lumber Yard Mixed-Use Asset To Buyer For $31 Million

The sale involved a mixed-use property located at 17-21 Lumber Road in Roslyn, which sold for $31,000,000. The asset encompasses 60,648 square feet and consists of 25 residential units, with a per-unit price of $880,000 and a price per square foot of $511. The property is recognized for its strategic position along the waterfront in downtown Roslyn Village, featuring both luxury apartments and retail space.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $31,000,000
• Seller: Joshua Amini
• Seller's Representative: Daniel Abbondandolo, Joegy Raju & Robert Kuppersmith - Cushman & Wakefield
• Units: 25
• Square Footage: 60,648
• Price Per Unit: $880,000
• Price Per Square Foot: $511

The transaction is notable for being the largest commercial sale in the history of Roslyn Village. The deal was facilitated by Cushman & Wakefield, which highlights the strong demand for properties within Nassau County's downtown investment landscape. The property's location enhances its appeal, being close to local dining and entertainment options, as well as convenient access to public transportation.