• Mon. May 20th, 2024

Affiliate Pharmacy Business Acquires Iconic Roslyn Office Space for $1.95 Million

BySamantha Jones

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

Vohora Realty LLC, an affiliate of a pharmacy business, recently purchased a commercial office property in Roslyn for $1.95 million. The 6,034-square-foot building on .15 acres located at 1326 Old Northern Blvd was sold by Musik Properties LLC. 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 the seller. 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 dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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