BEB Capital acquires mixed-use property for $8 million

Port Washington, NY BEB Capital completed the acquisition of 4 Tri Harbor Court. The 47,702 s/f industrial property was previously owned by Aceto Realty Holdings, LLC and has been acquired by BEB Capital for $8 million.

“This property further demonstrates BEB’s commitment to building its office and industrial profile throughout the Long Island area,” said Lee Brodsky, CEO of BEB Capital. “4 Tri Harbor Court provides a great opportunity to capitalize industrial demand and renewed interest in suburban office since the onset of the pandemic.”

4 Tri Harbor Court is a two floor, 47,702 s/f building with four loading docks and one drive in dock. The building was renovated in 2010 and features a 60-40 office and warehouse split. The property is less than two miles from the Long Island Expressway (I-495) and less than four miles to the LIRR Manhasset station.

Lee Brodsky, Keyvan Ghaytanchi and Ben Fischer of BEB Capital oversaw the acquisition. Doug Omstrom of JLL acted on behalf of the seller.