News: Long Island

Zere of Zere Real Estate completes
$3.325 million sale of 10,000 s/f building

Marie Zere,
Zere Real Estate Services

Oakdale, NY Zere Real Estate Services has sold a 10,000 s/f professional building as commercial investment property on 3.29 acres at1645 Montauk Hwy. The property is situated in the town of Islip along the Oakdale Business Corridor off of Sunrise Hwy. with a national tenant, Tutor Time Child Care Learning Center.

Marie Zere, president & CEO of Zere Real Estate Services represented both the seller of the property, Commander Enterprises Inc., and the buyer, 120 Voice Road LLC. The sale price $3.325 million.

MORE FROM Long Island

Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

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.