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Building Information
| Property Name | 25 Newbridge Road, Hicksville, New York |
| Building Size | 80,000 sq.ft. |
| Date Purchased | December 1996 |
| Purchase Amount | $2,400,000 |
| Occupancy at Purchase | 0% |
| Repositioning | Lighthouse’s first investment, this property was originally tenanted by New York Telephone Company. Lighthouse did a gut renovation at a cost of $3,500,000. The building was taken down to steel and all the systems were completely rebuilt. |
| Sale Date | May, 2000 |
| Sale Price | Available upon request |
| Occupancy in Year of Sale | 100% |
| NOI in Year of Sale | $1,085,000, 2000 budgeted |
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