Industrial Property On Long Island Sells For $5M: Report
Briefly

A 24,000-square-foot industrial property located at 47-49 Jersey St. in West Babylon has sold for $5 million. The site spans 1.5 acres and was previously occupied by Great Neck Saw Manufacturers. The new owner, 47-49 Jersey St. LLC, is an affiliate of Farmingdale-based M&A Realty. Luciano Oliverio represented the buyer through Summit Commercial Real Estate Corp., while David Hunt represented the seller, Jacoff Rlty Assoc. LLC, through Hunt Corporate Services.
An industrial property on Long Island has sold for $5 million, covering 24,000 square feet and located on 1.5 acres at 47-49 Jersey St. in West Babylon.
The property was purchased by 47-49 Jersey St. LLC, an affiliate of M&A Realty, formerly occupied by Great Neck Saw Manufacturers.
Luciano Oliverio of Summit Commercial Real Estate Corp. represented the buyer, while David Hunt of Hunt Corporate Services represented the seller, Jacoff Rlty Assoc. LLC.
Read at Deer Park-North Babylon, NY Patch
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