Woodbury office property fetches $3.25M


An office property in Woodbury has sold for $3.25 million. 

Fanco International, a distributor of variety store merchandise, purchased the 10,000-square-foot building on 1 acre at 211 Crossways Park Drive. 

The company is relocating from leased space in Valley Stream. 

The Woodbury property was owned by home furnishings company Kravet, which had been leasing it to other tenants. Last year, Kravet purchased a 60,000-square-foot building around the corner at 250 Crossways Park Drive. The company relocated there after selling its long-time Bethpage headquarters to the Metropolitan Transportation Authority. 

Max Omstrom of JLL represented buyer Fanco International, while Harris Rousso of Real Estate Strategies represented seller Kravet in the Woodbury sales transaction. 


Image and article originally from libn.com. Read the original article here.