DAMIANOS REALTY ACQUIRES ISLANDIA OFFICE BUILDING

by admin

ISLANDIA, N.Y. — Damianos Realty Group, one of the largest property owners in Long Island, has purchased a 40,000-square-foot office building in Islandia, for $3.8 million. Located at 3001 Expressway Dr. North, the Class B building is 50 percent occupied by medical tenants, including HealthSource and Stony Brook University Hospital. The new owner plans to redesign and upgrade the facility. The seller was Spencer Savings Bank of Elmwood Park, N.J. No brokers were involved in the all-cash deal.

You may also like