Valley Stream, NY Stonegate Real Estate completed the following transactions:
• 99 4th St., Valley Stream sold for $930,000. Robert Heicklen of Stonegate handled this transaction acting as exclusive agent. Sperber Realty sold the property to Cajun Crab.
• 28 Woodcleft Ave., Freeport sold for $557,000. Nicholas Battaglia of Stonegate handled this transaction acting as exclusive agent. Zattoli was the seller and Melendez was the buyer.
• 40/41 Westchester Sq., Bronx sold for $1.25 million. Heicklen handled this transaction acting as exclusive agent.
Westchester Square Holding Co. was the seller. The buyer was not disclosed.
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.