September 2009 Vol. 1 Issue 1
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| Relocating your Company - Getting Started
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Free Long Island Market Report
2nd Quarter 2009
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Companies on the Move
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TGI Office Automation ...
moving to 1860 Walt Whitman Road
in Melville ... Opus Staffing ... moving to 1860 Walt Whitman Road, Melville ... Sequel Systems ... moving to 324 South Service Road, Melville ... Monarch Construction Corp. ... moving to 7 Aerial Way, Syosset ... Leviton Manufacturing Co. ... moving to 201 North Service Road, Melville
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Financing File
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Current Market Rates and Programs for the Long Island Commercial Marketplace
The SBA 504 loan program offers long term (10 or 20 years) fixed rate
subordinate mortgage financing for the purchase and renovations of
existing buildings or new buildings and equipment. Loans are up to 40%
of the project cost, maximum of $4,000,000 for manufacturers and
$1,500,000 for all other businesses.... (MORE)
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COMPARABLE SALES IN THE LAST 12 MONTHS
City
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Address Street
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Property Type
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Size SF
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Office SF
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Acres Total |
Sold Price/SF
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Sold Date
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| Farmingdale |
41 Central Drive |
Industrial |
6,000 |
4,200 |
.33 |
$155.00 |
8/4/2009 |
Hauppauge
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230 Adams Avenue
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Industrial |
65,000 |
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4.80
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$96.00 |
7/10/2009 |
| Hempstead |
445 South Franklin Street |
Industrial
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27,500
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3,000 |
.85 |
$61.82 |
7/9/2009 |
Deer Park
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540 Brook Avenue |
Industrial |
17,300 |
1,730 |
1 |
$85.26 |
6/30/2009 |
| Lynbrook |
162 Atlantic Avenue |
Office Industrial |
6,500
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4,000 |
.21 |
$169.23 |
6/24/2009 |
| Uniondale |
972 Nassau Road
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Industrial |
14,042 |
2,100 |
0.49
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$83.68 |
6/23/2009
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MORE |
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©Copyright 2009, All Rights Reserved. The content of this web site may not be reproduced without the written permission of HUNT Corporate Services, Inc. All information is from sources deemed reliable and is subject to prior rental or sale, errors, omissions, change of price and withdrawal without notice.
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