Caporrino of Invest Commercial brokers $3.2 million sale of Citibank property

129 East Park Avenue - Long Beach, NY

Long 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 Commercial

Frank 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.