• Tue. May 28th, 2024

Iconic Roslyn Office Building Sold for $1.95 Million to Pharmacy Business

BySamantha Nguyen

Mar 27, 2024
Roslyn office building purchased for $1.95 million

A commercial office property in Roslyn has recently been sold for $1.95 million. The iconic 6,034-square-foot building on .15 acres, located at 1326 Old Northern Blvd, was purchased by Vohora Realty LLC, an affiliate of a pharmacy business. The buyer intends to occupy the office building once the current tenant, Summer Discovery, vacates by the end of the year.

The transaction was facilitated by brokers Stephen Preuss, Kevin Louie, and Eric Delafraz of RIPCO Real Estate, who represented both the buyer and seller, Musik Properties LLC. According to Louie, the property has been owned and operated by the seller for many years and is considered iconic. The buyer will receive short-term income while finalizing their construction and business plans.

Multiple offers were made at the asking price and the property was put under contract within 30 days of being marketed. This sale represents a significant transaction in the Roslyn area and indicates potential growth and development for the property as the buyer plans to occupy and renovate it.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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