Serota Properties
Melville, NY
For over 50 years, Serota Properties has been a developer of first class retail, office and residential property in the greater New York metropolitan area. Founded by Nathan L. Serota, in 1952, the company initially began as a builder of residential homes. However, since that initial group of homes built in Seaford L.I. was completed over five decades ago, Serota Properties has evolved into a full service real estate company. Today, Serota Properties specializes in the management and development of a complete commercial property portfolio that runs across multiple property types. A seasoned team of real estate professionals are focused on the continued growth and expansion of its founder’s original vision of excellence. Serota Properties continues to remain a privately held real estate business with its focus on commercial shopping center, office and residential development. Since 1952, the company has developed over five million square feet of commercial property in Queens, Brooklyn and Long Island. Today it operates primarily in the lucrative Long Island region with a commercial portfolio consisting of the traditional “bread and butter” supermarket/drug store anchored properties surrounded by smaller retailers, it also owns and manages larger regional power centers and office buildings. The company is proud to count among its valued tenants, Lowe’s Home Improvement Company, Kohl’s Department Stores, The Sports Authority, Bed Bath and Beyond, Staples, King Kullen Grocery Company, Waldbaums, Walgreens, CVS and others. Office tenants include Liberty Mutual, Concordia International, Sprint, Verizon, U.S. Fish and Wildlife, Walker International and Livingston International. Serota Properties, however, is not just about large tenants. It is a landlord to hundreds of small family owned businesses, many of which have been long time tenants. Throughout its evolution into a large scale property owner, the company has never forgotten its roots and the small businesses that have fueled its growth. Serota Properties is equally proud to count as valued tenants the numerous pizzerias, bagel stores, dry cleaners, card stores and small businesses that fill the needs of today’s shopper. With a strong regional presence, and a comprehensive understanding of the suburban marketplace, the company can leverage its local real estate knowledge and expertise to acquire and manage properties in target markets throughout not only Long Island but also the entire Tri state area and beyond.
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