Roslyn office building purchased for $1.95 million

Iconic Roslyn Office Property Sold for $1.95 Million to Pharmacy Business

Recently, a commercial office property located at 1326 Old Northern Blvd in Roslyn was sold for $1.95 million. The iconic 6,034-square-foot building on .15 acres was purchased by Vohora Realty LLC, an affiliate of a pharmacy business.

The buyer, who also owns Roslyn Pharmacy two doors down, intends to occupy the office building once the current tenant, Summer Discovery, vacates by the end of the year. The transaction was facilitated by brokers Stephen Preuss, Kevin Louie, and Eric Delafraz of RIPCO Real Estate, who represented both the buyer and the seller, Musik Properties LLC.

According to Louie, the property has been owned and operated by the seller for many years and is considered iconic. The buyer will receive short-term income while finalizing their construction and business plans. Louie also mentioned that there were multiple offers at the asking price and the property was put under contract within 30 days of being marketed. Overall, the sale of 1326 Old Northern Blvd represents a significant transaction in the Roslyn area, and the buyer’s plans to occupy and renovate the office building indicate potential growth and development for the property.

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