
Lee NYC Closes Deals for Long Island MOBs
Lee & Associates NYC represented the sellers in the sale of four single-tenant medical properties in Long Island’s Suffolk County, for $9.2 million. Totaling more than 28,000 square feet, the sale includes 179 Little East Neck Rd. in West Babylon, 240 Patchogue Yaphank Rd. #2 in East Patchogue, 55 Veterans Memorial Hwy. in Commack, and 375-381 E. Main St. in Bay Shore.
The portfolio contains a combination of stand-alone medical assets and commercial condominiums, all fully occupied, and triple-net leased to Mid Rockland Imaging Partners. The buyer was Dr. Ismail Ozcan, MD.
Lee NYC’s Ben Tapper and Sean Slattery represented the sellers, Bayslip Services, LLC (179 Little East Neck Rd.); 240 Patchogue, LLC (240 Patchogue Yaphank Rd. #2); Marg Holdings of Commack, LLC (55 Veterans Memorial Hwy.); RA Imaging Realty, LLC, RA Imaging Realty II, LLC, Medical Arts-South Shore Realty, LLC, and Setauket Real Estate, LLC (375-381 E. Main St.).
- ◦Sale/Acquisition