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.