Okay for New York LLC to own property in other states?

[Michael Lewis]

I live in MA & have 2 NY based S-corps. I own 3 buildings in Buffalo, NY: 2 properties are in one LLC, and the 3rd building is in the other LLC. For purposes of cashing out, I am going to sweep the 1 property into the LLC with the other 2, leaving the 2nd LLC "blank", so to speak. Instead of dissolving the empty LLC, I am looking to purchase other investment properties - likely in other states - and house them in this empty LLC. I am pretty sure this is perfectly legal to do, but is there any reason not to? Thank you.