News: Long Island

Zere Real Estate Services sells office condo for $390,000

Michelle Marie Zere

 

Michael Zere

 

Islandia, NY A 1,908 s/f professional commercial office condo was marketed and sold by Zere Real Estate Services at 200 Corporate Plaza, Unit A 101. The sale price was $390,000. The Corporate Plaza Condo Park is located off of the Long Island Expressway, Exit 57 Service Rd.

Michelle Marie Zere and Michael Zere of Zere Real Estate Services both were instrumental in making this deal come to fruition. The owners had a price in mind and did not waiver with multiple offers that were denied during the year and a half with COVID-19.

Todd Miller, the seller, said, “Ultimately the buyer came not through a public listing of the property but an actual contact of the Zere family. Their network is considerable and it paid off.”

The right purchase offer came from a law firm.

George Asllani, Esq., said, “The Zere team was instrumental in finding our new headquarters for Annunziata & Asllani LLP. They took the time to make themselves available to us and answered all of our questions. We cannot thank them enough.”

The sellers, CGI/EC Corp., accepted the purchase offer from the buyer, Illarian Holdings, LLC.

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.