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March 2015 Vol. 6 Issue 8
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Dear Friends,
One of the real joys in my life is mentoring children. More specifically, most of that time is spent helping adolescent boys achieve the rank of Eagle Scout. I am blessed to able to assist in the transformation of youngsters into confident and responsible leaders. I tell them that Scouting's highest rank is much less important than the person that they become in the process.
Because the world hungers for this kind of capable and authentic leadership, I have agreed to take on the role of a Vice President of Suffolk County Council, Boy Scouts of America. The Council serves about 10,000 youth in Suffolk County (boys and girls) as well as approximately 4,000 adult volunteers. I look forward to helping expand the Scouting opportunities in Suffolk County. And if there is a Boy Scout in your life, he may be interested in my Eagle Scout coaching website, EagleCoach.org. I have many tips and suggestions for achieving Scouting's highest rank, gleaned from years of coaching.
We will be exhibiting at the Long Island Commercial Real Estate Expo on Thursday, March 19th in Melville. See the ad below for more information. And if you have an interest in attending, use the code: Hunt25, for a 25% discount. Stop by our booth and say hello. We'd love to see you!
And you are also cordially invited to attend our Spring Conference, "Should You Lease or Buy Real Estate for Your Business" at 8 AM on Wednesday, April 29th. Attorney Steve Cohen of Franklin, Gringer, and Cohen and I will conduct a seminar on how to make this decision for your business. See the registration details below and be sure to reserve your place online.
"Oh the possibilities!"
David G. Hunt
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Spring Cleaning
by David G. Hunt
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Q: It seems like winter was brutal to the building that we own. There are several roof leaks, and our pavement is cracking. And that's just what we can see. Do you have any suggestions or checklists for winter recovery?
A: You are wise to be thinking in this direction. A lot of damage from winter, whether a roof, HVAC equipment, paving or landscaping will only get worse without attention, and will therefore be much more expensive to eventually repair. So let's work our way through the major areas of commercial building maintenance. While our most important objective is prevent further damage to deteriorating systems, now is also the time to consider relatively inexpensive cosmetic improvements that can enhance the image of your business.
Now is the time to get a roofer on your roof, particularly if you have a flat roof. Most roofers will make this inspection free of charge. Vertical leaders and roof drains should be free of debris. There should be no ponding on the roof - standing water is deadly to a roof. Blisters and alligatoring of the surface all must be addressed. Flashing should be properly sealed and attached. Any debris on the roof should be completely removed. Is it time to apply a fresh aluminum coating to reduce your energy costs?
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Property Highlight
20,000 SF Industrial Building
For Sale
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| | 100 Christopher Street, Ronkonkoma, New York |
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Hub International Northeast is moving to 1000 Woodbury Road, Woodbury... Lanco Brijon Corporation is moving to 2905 Veterans Memorial Highway, Ronkonkoma... MRW Group, Inc. is moving to 1373-48 Veterans Memorial Highway, Hauppauge... LTS NY, Inc. is moving to 99 Seaview Boulevard, Port Washington... Autel US is moving to 175 Central Avenue, Farmingdale... Spark451, Inc. is moving to 865 Merrick Avenue, Westbury... Urban Financial of America has leased space at 888 Veterans Memorial Highway, Hauppauge... Wells Fargo Advisors is moving to 888 Veterans Memorial Highway, Hauppauge...
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Financing File
| 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..... (MORE) |
Our Corporate Headquarters
17 Dupont Street, Suite 4
Plainview, NY 11803
516-937-1000
www.huntcorp.com
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COMPARABLE SALES IN THE LAST 12 MONTHS
| City | Address | Property Type | Size SF | Office SF | Acres Total | Sold Price/SF | Sold Date |
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| Hicksville | 810 South Broadway | Industrial Retail | 80,000 | 16,000 | 3.5 | $75.00 |
2/26/2015
| | Great Neck |
60 Cuttermill Road
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Office
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100,000
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1.36
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$335.00
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2/17/2015
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Dix Hills
| 45 North Service Road | Church | 3,400 |
| 1.8 | $250.00 |
2/11/2015
| | Farmingdale | 180 Smith Street | Industrial | 32,120 | 3.000 | 1.49 | $85.62
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2/4/2015
| | Farmingdale | 425 Smith Street | Office | 68,282 |
| 3.76 | $87.87 |
1/17/2015
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Huntington Station
| 332 East Jericho Turnpike | Office/Investment | 8,000 |
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.24
| $150.00 |
1/15/2015
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For more Recent Sales, click here |
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©Copyright 2010, 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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