• Wed. May 22nd, 2024

New Owners of Iconic Office Building in Roslyn to Bring Renovation and Growth to the Area

BySamantha Jones

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

A commercial office property located at 1326 Old Northern Blvd in Roslyn has been recently sold for $1.95 million. The 6,034-square-foot building on .15 acres was purchased by Vohora Realty LLC, an affiliate of a pharmacy business. The buyer, who also owns Roslyn Pharmacy two doors down, 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 the 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.

Louie also mentioned that there were multiple offers at the asking price and the property was put under contract within 30 days of being marketed. Overall, the sale of 1326 Old Northern Blvd represents a significant transaction in the Roslyn area, and the buyer’s plans to occupy and renovate the office building indicate potential growth and development for the property.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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