SVN Long Island Closes People’s United Bank Building Sale in Babylon, New York – April 5, 2017

Long Island, NY (April 5, 2017)- SVN | Realty Three Advisors LLC, a commercial real estate brokerage franchise, today announced the sale of the People’s United Bank Building located at 375 Deer Park Avenue in Babylon, New York.

An undisclosed buyer purchased the net leased retail and office building from 375 Deer Park Avenue, LLC.  The $2,275,000 sale closed at the end of March 2017.

Patricia Posillico of SVN | Realty Three Advisors, www.SVNLI.com, represented the buyer.  Sabre Real Estate Group represented the seller.