Gyrodyne LLC (GYRO)

Overview

Gyrodyne, LLC is a company that specializes in owning and managing a diverse portfolio of real estate properties, primarily located in the New York metropolitan area. With a significant property holding that spans office, industrial, and service-oriented spaces, the company focuses on optimizing the value of its real estate through effective management and strategic development plans. Among its notable assets is a 63-acre site located approximately 50 miles east of New York City on the north shore of Long Island, featuring both developed and undeveloped land earmarked for future development to enhance value. Additionally, Gyrodyne owns a medical office park in Cortlandt Manor, New York, which is currently undergoing a subdivision application process. Staying connected to the financial market, Gyrodyne's common shares are publicly traded on the NASDAQ Stock Market under the ticker symbol GYRO, indicating its active participation and visibility in the investment community.

Products and Services

• Real Estate Management

Gyrodyne, LLC brings a wealth of experience and expertise to the management of its real estate portfolio, ensuring that each property is maintained to the highest standards. This includes day-to-day operations, tenant relations, and strategic upgrades to enhance property value and appeal.

• Development and Subdivision Projects

The company is actively involved in leveraging the potential of its lands through carefully planned development and subdivision projects. This includes seeking entitlements that enhance the value of its 63-acre site on Long Island and progressing with a subdivision application for its Cortlandt Manor medical office park. These efforts are directed at unlocking the intrinsic value of its properties for future growth and profitability.