News: Long Island

Fiorini and Posillico of Alliance Real Estate arrange two sales totaling $6.125 million

Alberto Fiorini,
Alliance Real Estate Corp.

 

Frank Posillico,
Alliance Real Estate Corp.

 

New Hyde Park, NY Alliance Real Estate Corp. has brokered two sales totaling $6.125 million. The deals included the following:

• The $2.125 million sale of 1645 Jericho Tpke., New Hyde Park a 12,500 s/f fully leased industrial building. Alberto Fiorini and Frank Posillico of Alliance Real Estate represented the seller Video Projects, LLC and the buyer, AKM Jericho LLC. The deal was a 1031 exchange from property sold in the boroughs.

• The $4 million sale of 59 Mall Dr., Commack, a 30,000 s/f industrial building. Dean Greiner of Greiner-Maltz represented the seller, Russel Realty LLC. Fiorini and Posillico represented the buyer, Boticelli Foods, Inc. The buyer moved from 15,000 s/f facility located in Hauppauge.

1645 Jericho Tpke. - New Hyde Park, NY

 

59 Mall Drive - Commack, NY

 

 

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