The Reel

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A blog for breaking sales and neighborhood real estate news.

An REO industrial building at 66-70 Randall Avenue, located on the southeast corner of Randall Avenue and North Center Avenue in Rockville Center, Long Island, was sold in an all cash transaction valued at $1,060,000.

The two-story property is approximately 41,230 square feet and sits on a 200’ x 100’ lot.  The first floor is configured for either industrial or warehouse use and benefits from twelve foot ceilings. The second floor has eight foot ceilings and a separate entrance from Randall Avenue. It is partially occupied on a month-to-month bases by Yale Trouser. There is parking at the building with allows for six vehicles. The sale price equates to approximately $26 per square foot.

The property is ideally located near the LIRR and the Village of Rockville Center. Additionally, Rockville Center has one of the top 50 public schools in the nation according to Newsweek.  

β€œThe property was sold to an end-user who will continue to use it for light manufacturing,” said Massey Knakal Partner James P. Nelson who exclusively handled this transaction.

Click here for press release

Neighborhoods: Nassau County