Roslyn office building purchased for $1.95 million

A commercial office property located at 1326 Old Northern Blvd in Roslyn was recently sold for $1.95 million. The 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. According to Stephen Preuss of RIPCO Real Estate, who facilitated the transaction along with Kevin Louie and Eric Delafraz, the property has been owned and operated by Musik Properties LLC for many years and is considered iconic.

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. Louie mentioned that there were multiple offers at the asking price and the property was put under contract within 30 days of being marketed. The buyer will receive short-term income while finalizing their construction and business plans.

By Aiden Johnson

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