Tag Archives: Ron Koenigsberg

Nassau County Welcomes Lesso Home

On Thursday, October 26, Hong Kong-based China Lesso Group Holdings announced plans to transform the former Source Mall in Westbury into an exciting new home furnishing expo center called Lesso Home. Opening its doors summer of 2018, Lesso Home is a home furnishings, décor and design company with a unique industry showroom and retail experience. … | Read On »

Long Island Commercial Real Estate Market Report – Q3 2017

With only two months remaining in 2017, we’re checking in on the Long Island commercial real estate market to see how it performed in the third quarter.  Arming you with the details and statistics, this report will include Long Island’s retail, office, and industrial markets. To most easily digest this information we will break it… | Read On »

An Update on Amazon’s Mega-move

In Amazon’s first quarterly report since closing on the acquisition of Whole Foods Market Inc., Amazon reported third-quarter net income of $265 million, on sales of $43.7 billion, up from $32.7 billion a year ago.  In the third quarter report, Amazon’s producing profits and sales far exceeded expectations of Wall Street with a 34% rise… | Read On »

Koenigsberg of AIP arranges $2.137m sale of Smith West Plaza; sold to Summit Blossom as part of a 1031 exchange

September 05, 2017 Smithtown, NY American Investment Properties Inc. (AIP) arranged the sale of the 7,200 s/f Smith West Plaza retail center for $2.137 million. The property, 1041 W. Jericho Tpke., constructed on one acre in 1987, was sold to Summit Blossom LLC, of Flushing, as part of a 1031 exchange, by Smith West Plaza LLC. The… | Read On »

3 mixed-use buildings in Franklin Square sell for $7.1 million

September 13, 2017 Three adjacent mixed-use buildings in Franklin Square have been sold for $7.1 million, the brokerage that handled the sale said. The properties, at 4-18 New Hyde Park Rd. and 942 and 966 Hempstead Turnpike, total 41,000 square feet, and include 15 retail stores, 19 apartment units and a small catering hall. The… | Read On »

American Investment Properties and NYREJ hold Long Island CRE summit; Panelists offered an upbeat outlook

August 01, 2017 Plainview, NY A panel of real estate and other professionals offered an upbeat outlook for Long Island at American Investment Properties’ and the New York Real Estate Journal’s first Long Island Real Estate summit. Speakers at the “Future of Long Island CRE” summit pointed to increased migration of manufacturing business from NYC, the growth of… | Read On »

Koenigsberg of American Investment named Commercial Broker of the Year by Long Island Business News

July 04, 2017 Garden City, NY Ron Koenigsberg, CCIM, President of American Investment Properties received the Commercial Broker of the Year award from the  Long Island Business News  at the 2017 Real Estate and Development Awards. Koenigsberg sold about $47 million worth of commercial real estate in 2016, which included 246,515 s/f of commercial space. Among his noted… | Read On »

Koenigsberg of American Investment Properties brokers $1.03 million sale; Represents buyer and seller of the 5,100 s/f, mixed-use property

July 21, 2017 Rockville Centre, NY American Investment Properties Inc. (AIP) has arranged the all-cash sale of a 5,100 s/f mixed-use property for $1.03 million. The property, 218-220 Sunrise Hwy., which was built in 1936 and consists of three stores and two apartments, was sold by Douglas Barnaby to Dan Nicolo. The price amounted to $202 per… | Read On »

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