Enlightened Group LLC Acquires Office Property From Cav Pac Enterprises LLC For $1.75M In Syosset

An office property located at 20 Miller Place in Syosset was recently sold for $1,750,000. The asset spans 6,826 square feet with a price per square foot of $256. Enlightened Group LLC has acquired this property and plans to occupy two of its floors, while Cav Pac Enterprises LLC retains approximately 1,700 square feet of the premises.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,750,000
• Sale Date: 01/06/2025
• Buyer: Enlightened Group LLC
• Seller: Cav Pac Enterprises LLC
• Brokers: Dawn Gingold & Ron Koenigsberg - American Investment Properties Inc.

This transaction involved Enlightened Group LLC, a commercial real estate investor based in Nassau County. Cav Pac Enterprises LLC, the seller, was represented by brokers Dawn Gingold and Ron Koenigsberg from American Investment Properties Inc. The deal encapsulates a strategic move for the buyer, while the seller retains a portion of the property for continued use.