Farmingdale, NY According to Richard Cohen, president of Ashlind Properties, the firm consummated a sale for a 8,540 s/f property located at 250 Rte. 109, for $1.825 million.
The buyer, Calvert Family Daniel Street, LLC, plans to utilize the property as a new car servicing center to expand their business. This is the third deal Ashlind has handled for Calvert Family Daniel Street.
Synonymous with industrial real estate on Long Island, Ashlind Properties, established in 1990 and headquartered in Hauppauge, is an independent, full-service commercial real estate firm that provides specialized industrial real estate brokerage.
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.