News: Long Island

Silber Investment Properties completes $4.344 million sale

North Bellmore, NY According to Silber Investment Properties, a 7-11 located at 1714 Newbridge Rd., has sold. The sale price was $4.344 million.

Adam Silber of Silber represented the seller, Woodpecker Realty LLC while the purchaser, 1714 Newbridge Rd. LLC, was represented by Harmanak Singh of R New York.

The rent was $200,000, and sold for a 4.6% cap rate.

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