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INKED: Deer Park Warehouse Sells for Record Price

David Winzelberg //August 30, 2023

An industrial property in Deer Park has traded for $3.45 million.

The sale price, which exceeds $580 a square foot, is a high-water mark for a Deer Park industrial property, according to the brokers on the deal.

Suffolk Holdings LLC, an affiliate of a New York City-based construction company, purchased the 5,870-square-foot building on 1.44 acres at 955 Long Island Ave. The buyer is expanding and will use the property for storage of construction materials.

The building features three drive-in loading bays and the property offers ample outdoor storage space. The property was formerly used by an auto salvage and recycling company.

Lawrence Densen and Chris Mayor of Smithtown-based Island Associates represented the buyer, as well as the seller, the Estate of Joseph Marro, in the sales transaction.

View Original Article HERE

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