Cristofer Damianos Of Damianos Realty Group Acquires Uniondale Office Building For $15.5M

An office asset located at 50 Charles Lindbergh Boulevard in Uniondale was sold for a total of $15.5 million. The property spans 240,000 square feet and is situated on 9.1 acres of land, demonstrating its substantial presence in the market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $15,500,000
• Square Footage: 240,000
• Price Per Square Foot: $65
• Buyer: Cristofer Damianos - Damianos Realty Group
• Seller: Scott Rechler - RXR Realty
• Buyer's Representative: John Finn - Damianos Realty Group
• Seller's Representatives: Jeremy Neuer, Jose Cruz & Ray Ruiz - JLL

This acquisition marks a strategic move by Damianos Realty Group to revitalize underperforming assets, with Cristofer Damianos leading the buying efforts and John Finn serving as the representative for the buyer in this transaction.