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Long Island
Posted: October 4, 2016
Caporrino of Invest Commercial brokers $3.2 million sale of Citibank property
129 East Park Avenue - Long Beach, NYLong Beach, NY Invest Commercial has closed on the sale of a free-standing Citibank property located at 129 East Park Ave.
The 4,116 s/f building is situated in the area’s business district. Citibank occupies the property on a long-term lease. The building has been occupied by a bank since the 1960s. The property sold for $3.2 million in an all-cash transaction.
Frank Caporrino, Invest CommercialFrank Caporrino, president of Invest Commercial, represented the buyer and seller.
Invest Commercial provides a full range of brokerage and advisory services, specializing in the sale of single tenant properties.
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Long Island
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