Racanelli in the News

 

Racanelli Realty Services exclusive broker for 69,777 s/f industrial building in
Old Bethpage, NY -
http://nyrej.com/54482

Racanelli Realty Services represents 8,044 s/f in Huntington Station, NY
-http://nyrej.com/54469

http://nyrej.com/49111

http://libn.com/2008/09/12/four-real-estate-dynasties-discuss-industry-dynamics/

http://libn.com/2008/09/12/ones-to-watch-in-commercial-real-estate/

http://digital.turn-page.com/issue/37327/72

http://libn.com/wp-content/plugins/dmc_sociable_toolbar/wp-print.php?p=172


Racanelli Realty Services Inc. Names Lori Wahl Licensed Real Estate Sales Representative
Commack, NY…

Racanelli Realty Services Inc. (www.racanelli.com), a full-service commercial, industrial, and retail real estate brokerage and property management firm, announced the appointment of Lori Wahl as Licensed Real Estate Sales Representative. In this position, Wahl will be responsible for developing new sales and lease transactions, as well as identifying new opportunities for the company’s property management division. She brings diverse real estate experience to the role.

Prior to joining Racanelli Realty Services, Wahl served as a Sales Representative for Sperry Van Ness Commercial Real Estate (Arlington, NY), where she was an advisor to real estate investors and commercial real estate developers in the Dallas-Fort Worth, Texas region. Her professional background also includes a Sales Representative position at Prudential Texas Real Estate (Southlake, TX), where she served as a Buyer’s Agent for employee relocations and also listed homes on behalf of Dallas-Fort Worth area developers and residents. Additionally, Wahl has served as an Administrative Assistant at Tuttle Venture Group (Dallas, TX) and with OEM (Hauppauge, NY).

In addition to her New York Real Estate license, Wahl holds a Texas Board of Realtors Real Estate Sales Certification.
She resides in Northport, NY.


Racanelli Realty Services Inc. Awarded Another Exclusive
Commack, NY…

Racanelli Realty Services Inc. (www.racanelli.com), a full-service commercial, industrial, and retail real estate brokerage and property management firm recently was awarded another exclusive brokerage assignment for the sale of a 5,641 square foot commercial/industrial building. The property located at 1555 Montauk Highway in Mastic, NY is situated on a 0.25-acre plot and features both office and industrial space with 13-foot height and six (6) loading docks. The property, which is zoned J2 Business, and features gas heat, commercial electric service and air conditioning in the office space. It is priced at $425,000 and has property taxes of $15,682.17. Racanelli Realty Services Associate Broker/Construction Principal/Associate Broker Eugene Racanelli is handling the transaction.

Mr. Racanelli will lend his over three and half decades of real estate industry experience including hands-on building/construction and real estate development. His experience extends over diverse properties from commercial, industry and retail to healthcare facilities and historic landmarks. In addition, he brings added value to his clients through his strong working relationships within the broader business community and with local municipalities.

For more information, contact: Racanelli Realty Services at: 631.434.9400 or email: aracanelli@racanelli.


Racanelli Realty Services Inc. Names Exclusive Broker for 69,777 SF Industrial Building Sale
Commack, NY…

Racanelli Realty Services Inc. (www.racanelli.com), a full-service commercial, industrial, and retail real estate brokerage and property management firm, announced today that it has been give an exclusive to sell a 69,777 square foot industrial building located in Old Bethpage, NY. The building, located at 202 Bethpage Sweet Hollow Road, is situated on a 4.35-acre plot. Over 5,100 square feet is designed as office space.

According to Racanelli Realty President Anthony Racanelli, the building is in an ideal, central Long Island location with easy access to the Long Island Expressway and other major arteries. Additionally, it offers a strong rental income potential. Currently, there is a tenant occupying 14,500 square feet whose lease is flexible for any willing buyer.

Other key features of the building are: a full sprinkler system, gas heat, air conditioning in the office area, 600 amp electrical system, seven loading docks, and three drive-ins.

The building is being offered at a reduced price of $5,233,275 ($75 per square foot). General taxes on the property are $91,431.36. School taxes are $140,423.39 and are in the process of being reduced.


Racanelli Realty Services Inc. Representing Prime Jericho Turnpike Retail Space
Commack, NY…

Racanelli Realty Services Inc. (www.racanelli.com), a full-service commercial, industrial, and retail real estate brokerage and property management firm, announced today that it is the exclusive broker for a prime retail building located at 90 W. Jericho Turnpike in Huntington Station, NY. The free-standing, 8,044-square foot building is being offered for lease and available for occupancy, April 1st, 2012.

“This building is on one of Long Island’s busiest, North Shore, East-West routes. It offers outstanding visibility, easy access and ample parking for diverse retail operations,” said Racanelli Realty President Anthony Racanelli.

Primary features of the building include: gas heat, air conditioning and a 225 amp electrical service.


About Racanelli Realty Services Inc.

Racanelli Realty Services, Inc. has built its reputation on a legacy of trust and high quality services spanning over six decades. The company is recognized as a premier provider of comprehensive real estate brokerage and property management services for the commercial, industrial and retaill real estate markets. Property owners, investors and businesses in diverse industries rely on the company to maximize their real estate assets, facilitate sound real estate transactions, and optimize their real estate decisions. Racanelli’s brand of brokerage services are distinguished by the fully-integrated solution provided to both landlords and tenants. Distinguishing its property management services is the shared perspective the company’s principals have with real estate owners/investors based on its long tradition as a property owner/investor, as well as its knowledge of all aspects of real estate from building and development to hands-on ownership and leading-edge property improvement, energy efficiencies and tenant satisfaction initiatives.

For more information, contact: Racanelli Realty Services at: 631.434.9400 or email: aracanelli@racanelli.