A historic mixed-use property in Rockville Centre has a new owner. 

Atlantic Garden Realty Group, a Garden City-based family-run commercial real estate investment firm, purchased the three-story, 18,810-square-foot mixed-use building at 200-212 Sunrise Highway in Rockville Centre for $6.45 million.  

The fully occupied property has eight two-bedroom apartments totaling 6,840 square feet on two floors, six retail spaces totaling 6,258 square feet and 5,676 square feet of office space.  

Originally constructed nearly in 1935, the building earned the name “Manhattan Building” as part of an early marketing strategy by the original developer, who sought to attract residents and businesses relocating from Manhattan to the growing suburbs of Long Island, according to the broker on the deal. 

For Atlantic Garden Realty Group, which actively invests in commercial real estate throughout Long Island, the Rockville Centre acquisition reflects the firm’s strategy of acquiring well-located mixed-use properties with stable tenancy and long-term investment potential.  

“As a Long Island-based family investment group, we take great pride in acquiring properties that are deeply woven into the communities where we live and work,” said Robert Vona, a founding member of Atlantic Garden. “A building with the Manhattan Building’s history is exactly the kind of long-term, meaningful investment that defines who we are.”  

The buyer was self-represented and assisted with legal representation from Falcon Rappaport & Berkman LLP, while Tom Bigansky of North Village Realty represented the seller, 200 212 Sunrise LLC, in the sales transaction. 

“The Manhattan Building has long been a recognizable property within Rockville Centre’s Sunrise Highway corridor,” Bigansky told LIBN. “With its nearly century-long history and fully occupied tenancy, it represents the type of stable mixed-use asset that continues to attract long-term private capital. Atlantic Garden Realty Group recognized the value of owning a well-positioned property in one of Nassau County’s most established village markets, and this transaction reflects continued investor confidence in Rockville Centre’s commercial landscape.” 

Northwell Health has acquired a freestanding medical office building in Merrick for $9.5 million. The health system, the largest private employer in the state, bought the 17,700-square-foot property at the corner of Dobson Avenue and Sunrise Highway, adjacent to a residential neighborhood. The sale followed an off-market competitive bidding process.

Long Island's commercial real estate market closed 2025 with a historic level of transaction activity across Nassau and Suffolk counties — a dramatic acceleration from the prior year driven largely by the second half of 2025, when stabilizing interest rates unlocked capital that had been sitting idle. End-user buyers in the $5 million to $25 million range were among the most active participants, defining the year as one of purposeful, owner-driven acquisition. This wasn't speculative buying — it was strategic, long-term positioning by buyers who recognized that well-located product at today's pricing represents a generational opportunity.

A long-held retail property in Rockville Centre has sold for $3.125 million. 

Dime Holdings, a Nassau County-based commercial real estate investment group, purchased the 5,400-square-foot retail building on .29 acres at 313-323 Sunrise Highway.  

The property had been owned by the same family since 1925, according to a broker on the deal. The building is 90 percent vacant after the main tenant Ace Hardware closed last month. The other tenant, Fitness Showroom, remains in operation.  

The buyer plans a full-scale renovation including a new façade and upgraded retail units, aiming to reposition the property.  

The buyer was self-represented, while Tom Bigansky and Alex Sobel of North Village Realty represented the seller, Raven Family Real Estate, in the sales transaction.   

“This transaction underscores the continued strength of Nassau County’s retail market and the demand for well-located assets with real redevelopment potential,” Bigansky told LIBN. “After nearly 100 years under the same family’s ownership, we’re proud to be the brokers who facilitated this transition and helped bring new investment to such a visible Rockville Centre property. The plans for renovation will not only reposition the asset but will also deliver a meaningful improvement to the corridor and the surrounding community.” 

The Long Island commercial real estate market recorded $300 million in sales volume in the second quarter of 2025, with 290 closed transactions totaling 1.4 million square feet.

A long-held Valley Stream apartment property has sold for $5.75 million, changing hands for the first time since it was built in 1963. North Village Realty represented both buyer and seller in this rare multifamily transaction, with the purchaser planning a long-term hold.

The Long Island commercial real estate market recorded $300 million in sales volume in the second quarter of 2025, with 290 closed transactions totaling 1.4 million square feet.

The Long Island commercial real estate market posted a strong start to 2025, with more than $464 million in sales volume recorded in the first quarter alone.