Office property in Roslyn fetches $1.95 million in sale
Business

Centrally Located Roslyn Building Sells for $1.95 Million: Vohora Realty LLC Purchases Iconic 1326 Old Northern Blvd Property from Musik Properties LLC

Vohora Realty LLC, an affiliate of a pharmacy business, recently purchased an office property in Roslyn for $1.95 million. The 6,034-square-foot building on .15 acres, located at 1326 Old Northern Blvd, was sold by Musik Properties LLC. The buyer intends to occupy the office building once Summer Discovery, the current tenant, vacates by the end of the year.

Stephen Preuss, Kevin Louie, and Eric Delafraz of RIPCO Real Estate represented both the buyer and seller in the sales transaction. According to the brokers, the buyer plans to utilize the iconic building for its own operations after the current tenant leaves. The property provides short-term income for the buyer while they finalize their construction and business plans.

Kevin Louie shared that 1326 Old Northern Blvd is an iconic building owned and operated by the seller for several decades. There is short-term income for the buyer while they get their construction and business plans in place. They had several offers at the asking price and were able to put this centrally located asset under contract within 30 days of marketing.

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