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Milvado Adds Pair of Syosset Properties
Milvado Property Group has acquired 6801 and 6901 Jericho Tpk. in Syosset, NY for a combined purchase price of $18.7 million. The sale was brokered by Cushman and Wakefield’s Gary Gabriel and his team of David Bernhaut, Andrew MacDonald and Phil D’Avanzo.
The two office buildings, totaling 224,309 square feet, are located at the convergence of the Long Island Expressway, Northern State Parkway and Seaford-Oyster Bay Expressway, providing east-west and north-south access to Long Island destinations and to New York City’s five boroughs. They’re located one mile from the Syosset LIRR station, and less than 30 minutes from JFK, LaGuardia and MacArthur Airports.
“These are two superior properties that belong in our portfolio,” said David Hercman, director of asset management for Milvado. “They are centrally located to major highways and within easy reach of the Long Island Rail Road, making these buildings very attractive to current and future tenants.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
