---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-024553"
form_type: "8-K"
ticker: "GYRO"
cik: "0001589061"
company_name: "Gyrodyne, LLC"
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:27:32.510930+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gyrodyne signs agreement to sell 49-acre parcel for up to $28.74M; NAV per share rises to $14.83

## Summary
- Purchase price range $24M-$28.74M, estimated final price $28.74M; buyer B2K Smithtown LLC.
- Estimated NAV as of June 30, 2025: $32.6M ($14.83/share), up 6% from Q1 NAV of $30.8M ($14.01).
- Sale expected to close by Dec 2027 (or Aug 2028 with extensions); liquidation timeline extended to Dec 31, 2027.
- Transaction preserves >40% open space; includes assisted living facilities proposed by buyer.
- JLL Capital Markets arranged the sale; deal includes customary conditions and contingencies.

## SEC filing metadata
- accession: 0001437749-25-024553
- form_type: 8-K
- ticker: GYRO
- cik: 0001589061
- company_name: Gyrodyne, LLC
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589061/000143774925024553/0001437749-25-024553-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589061/000143774925024553/gyrllc20250804_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-024553
- JSON: https://secwatch.observer/filing/0001437749-25-024553.json
- Plain text: https://secwatch.observer/filing/0001437749-25-024553.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.