99 John St., Babylon
VCR Storage Inc. purchased a 33,135-square-foot industrial building on .75 acres at 99 John St. in Babylon for $2.15 million. The buyer plans to develop a 44,000-square-foot self-storage facility on the site. The property has long been the home of Babylon Plumbing Supply, which consolidated its operations into the company’s Central Islip warehouse and showroom, according to the brokerage on the deal. Richie Buono of Island Associates Real Estate represented the buyer, while Ed Kaleck of Ramsay Realty represented the seller, Ken Joe Realty, in the sale transaction.
25 and 27 Smith St., Farmingdale
Bolla Oil paid $5.7 million to buy a 10,782-square-foot restaurant building on .76 acres at 25 Smith St. in Farmingdale formerly occupied by Hooters, as well as a 2,427-square-foot building on .91 acres at 27 Smithi St. The buyer has not announced plans for the property, although Bolla operates a Mobil gas station and Bolla Market next door to the Hooters property and another newly constructed Mobil gas station and Bolla Market down the street at 629 Broadhollow Road. The Hooters at 25 Smith St. in Farmingdale closed in February. Frank Caporrino and Clem Cesare of Triple Net Brokers represented the buyer, as well as the seller, Amcon Realty LLC and Conam Realty LLC, in the Farmingdale sales transaction.
190 Motor Parkway, Hauppauge
Northeast Imaging Management Group LLC leased 2,000 square feet of office space at 190 Motor Parkway in Hauppauge. Michael Zere of Zere Real Estate Services represented the tenant, as well as the landlord, 280 Douglas Inc., in the lease transaction.
2060 Jericho Turnpike, East Northport
Hang Lu Li purchased a 3,600-square-foot retail building on .43 acres at 2060 Jericho Turnpike in East Northport for $1.575 million. The property was once home to footwear retailer Renarts. The buyer plans to open an acupuncture and physical therapy office in the building. Daniel Park of Meerae Realty represented the buyer, while Lawrence Densen and Christopher Mayor of Island Associates Real Estate represented the seller, Shree Shivam Inc., in the sale transaction.
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David Winzelberg covers real estate, development, land use, retail, franchising and white collar crime for Long Island Business News. An award-winning journalist who spent 20 years writing about Long Island for The New York Times, David’s work has also appeared in The Atlantic magazine, Forbes.com and has been featured on CNBC’s “American Greed.” A former adjunct professor of journalism and former editor of a weekly community newspaper, David has hosted a news program for WLIW-TV and is a frequent speaker at area business events. His news reporting, features and investigations have been recognized by several organizations, including the New York Press Association, the Long Island Press Club, and the Fair Media Council, which also honored him with a Lifetime Achievement Award. He can be reached by email at [email protected] or at (631) 913-4247.. [email protected].