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Hauppauge, Long Beach Office Buildings Sold
By Walt Brown
January 18, 2002 | 3:40 P.M.

515-517 Route 111 in Hauppauge, NY (bottom left) has been sold. The 27,000-square-foot office complex went for $2.1 million, about $78 per square foot. John Thomas of Select Investment brokered the deal between the selling investment group, IS Realty 4, and the buying investment group, Route 111. 2-12 West Park Ave in Long Beach, NY (top left) has also been sold. Charles Chiaramonte of Select Investment represented the seller, 212 Park. Al Krinsky Real Estate represented the buyer, 2-12 West Park Avenue Realty Corp. The 20,000-square-foot, 3-story facility has both office and retail uses. The final sale price was $2.5 million or $125 per square foot.

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