May 22, 2024 5:36 pm
Roslyn office building purchased for $1.95 million

A commercial office property located at 1326 Old Northern Blvd in Roslyn, New York has recently been sold for $1.95 million. The iconic 6,034-square-foot building, which is situated on .15 acres of land, was purchased by Vohora Realty LLC, an affiliate of a pharmacy business.

According to broker Stephen Preuss of RIPCO Real Estate, the buyer intends to occupy the office building once the current tenant, Summer Discovery, vacates by the end of the year. The property has been owned and operated by Musik Properties LLC for many years and is considered an important part of the local community.

Louie also mentioned that there were multiple offers at the asking price and that the property was put under contract within 30 days of being marketed. This represents a significant transaction in the Roslyn area and indicates potential growth and development for the property as Vohora Realty LLC plans to renovate it according to their business needs.

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