February 7, 2023 9:00 AM
Newmark announces the firm has been retained by the Northport-East Northport Union Free School District to market for sale and lease three underutilized assets in Long Island, New York. The properties include 253 Bellerose Avenue and 120 Dickinson Avenue in East Northport and 158 Laurel Avenue in Northport. Newmark’s Senior Managing Directors Scott Berfas and Daniel Oliver and Director Jordan Oliver exclusively represent the District on the sale of the properties.
“We are looking to create the highest and best use of these properties to benefit the district and the surrounding communities,” said Berfas. “We expect robust interest from developers for these sites, and we will work with community input to ensure that a wide variety of uses are considered.”
These assets encompass 233,380 square feet of existing educational buildings, totaling 42.6 acres. The offerings present a redevelopment opportunity for various sectors, including senior housing, assisted living, single-family homes and mixed-use assets.
“We are looking forward to working with Newmark on finding the best opportunity for these properties that is financially beneficial to the district while meeting the needs of our local community,” said Robert Banzer, the District’s Superintendent of Schools.
The building located at 253 Bellerose Avenue, known as Bellerose Elementary School, was originally constructed in 1966 and totals 60,400 square feet on 15.8 acres. The unoccupied building is located less than a mile from the Village of East Northport and the Northport LIRR Train Station and offers frontage on Bellerose Avenue. The property is directly adjacent on the west side to the 32-Acre Veterans Park, which includes Turf Football Fields, two baseball fields, playgrounds and a skate park.
120 Dickinson Avenue, known as Dickinson Avenue Elementary School, was originally constructed in 1956 and totals 55,080 square feet on 12.0 acres. The partially occupied property fronts Laurel Road and Dickenson Avenue and is one-third of a mile south of Route 25A. 120 Dickson Avenue is less than a mile north of the Northport LIRR Train Station, is within walking distance of restaurants and retail offerings and is surrounded by residential homes.
158 Laurel Avenue, known as The William J. Brosnan School, was originally constructed in 1923 and previously known as the Laurel Avenue School. The underutilized property includes a 117,800-square-foot building sitting up on 14.8 acres. It is located just off Route 25A and Main Street, close to Northport Village, within walking distance to restaurants and retail, and is surrounded by residential homes to the west.
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