Raffa of Island Associates Real Estate sells 2,610 s/f mixed-use

Massapequa, NY Robert Raffa of Island Associates Real Estate negotiated the sale of 1148 Hicksville Rd. for $820,000.

The property is occupied by two tenants. The main floor is 1,305 s/f and is occupied by a law office with over 20 years of experience. Their space consists of three windowed offices, conference room, copy/ file room, reception area, bathroom, and a bullpen area. The second floor, also 1,305 s/f is a residential apartment and has been occupied by the current tenants for over eight years. The apartment has three bedrooms with closet space, an eat in kitchen, dining room, and living room.

Both seller and buyer were represented by Raffa who also helped the purchaser coordinate the timing needed for both their 1031 exchange and their additional bank loan for the purchase.