Devaney Realty, established in 1982, specializes in Long Island commercial real estate including retail, office, and indusial properties in the Babylon, Islip, and surrounding township areas. Before you make a purchase, call us for a market analysis.

 Mike Devaney 

md@devaneyrealty.com

Market Update:

   There has never been a better time to purchase or lease commercial real estate since 2007. Do not miss this golden opportunity. Remember, "don't wait to buy real estate, buy real estate and wait."

   Upon reviewing recent sales, there has been an uptrend in the selling prices. Lease prices continue to remain stable and will rise in the near future.

Sold: December 21, 2011

3 Barthold Ave

East Patchogue, NY 11772

5 Acre Industrial Land

$375,000

Leased: November 1, 2011

573 Brook Ave

Deer Park, NY 11729

10,000 Sq. Ft. + 1 Acre Land

Freestanding Industrial

$8.40 PSF

Leased: October 26, 2011

51 Carleton Ave Unit A

Islip Terrace, NY 11752

750 Sq. Ft. + Basement

Retail/Office

$21+ PSF

Sold: October 21, 2011

775-783 Deer Park Ave

North Babylon, NY 11703

5,000 Sq. Ft.

6 Unit Shopping Center

$1,037,000 ($207 PSF)

Leased: October 14, 2011

2945 Sunrise Hwy

Islip Terrace, NY 11752

1,600 Sq. Ft.

Freestanding

$2,665 Gross ($20 PSF)

Option To Purchase Given

Holbrook

 Sales Price: $1,999,999

Lease Price: $10,000 Monthly Excluding House

  Type: Ind1

Lot Size: 3.36 Acre (338’ x 430’)  

Description: 5,200 Sq. Ft. Sale Includes 6,120 Sq Ft. + Detached Ranch.

Ref# 278

Lindenhurst

Sales Price: $1,500,000

Lease Price: $144,000 Annual T/N Ground Lease

    Type: Vacant Land

Lot Size: 1.06 Acres

Description: Prime National Tenant or Multi Unit Apartment Building. 353 Foot Frontage on Rt. 109. 4 Corners. Survey Avail.

Ref# 275