Cohen of Ashlind Properties arranges three sales totaling $10.02 million
As Seen in New York Real Estate Journal March 7, 2017
cre.nyrej.com/cohen-ashlind-properties-arranges-three-sales-totaling-10-02-million/
Kristine Wolf3/7/2017
Hauppauge, NY Richard Cohen of Ashlind Properties has brokered three sales totaling $10.02 million. The deals include:
• The $3.12 million sale of 91 Cabot Court to Royal Apparel on behalf of Hauppauge Computer Works. The building is a 25,000 s/f warehouse with 24’ ceiling height with room for expansion. Cohen had originally sold the facility to Hauppauge Computer Works in 1989.
• Hauppauge Computer Works moved to 909 Motor Pkwy., an 8,500 s/f facility Cohen considers this his “tenant-lucky” building. In 2005, he had moved FragranceNet from this facility into a larger 28,000 s/f building and then in 2009 he moved them again to a 130,000 s/f facility in Deer Park. More recently, he moved Powertech from the facility to a 20,000 s/f facility in Ronkonkoma.
• Cohen sold CMB Wireless’ 65,000 s/f manufacturing facility at 4000 Veterans Memorial Hwy., Bohemia to Designs for Vision for $6.9 million. This represents Cohen’s 12th transaction in the service of CMB. Previous deals total 521,000 s/f.
Synonymous with industrial real estate on Long Island, Ashlind Properties, established in 1990 and headquartered in Hauppauge, N.Y., is an independent, full-service commercial real estate firm that provides a high level of specialized industrial real estate brokerage.
