A 9,000 sq. ft. medical/office building located at 700 New York Ave. in Huntington, NY, was successfully sold. The property was fully leased at the time of closing and consisted of two specialty medical practices. The sale price for 700 New York Avenue was $2,825,000, resulting in a price per square foot of $313. The transaction took place in Suffolk County.

Summary of transation details

• Property Type: Office
• Transaction Amount: $2,825,000
• Address: 700 New York Ave.
• Market: Suffolk County

Cushman & Wakefield's representatives, Connor Sullivan, Daniel Abbondandolo, and Joegy Raju, played a key role in the deal. The sellers were successfully represented by the team, demonstrating their expertise and negotiating skills. The asset's stable tenants and excellent location contributed to the successful sale. The property's proximity to downtown Huntington and the LIRR station adds to its appeal. Additionally, the upcoming renovation of the nearby Big H Shopping Center, with multiple national tenants moving in, further enhances its value.

For more information about this transaction, please contact the exclusive brokers directly.