Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Citibank Retail And Office Building In Bay Shore

09/26/2012

Massey Knakal Realty Services has been retained on an exclusive basis to sell a Citibank leased building at 77 East Main Street. The property is located on the corner of East Main Street and Montauk Highway in Bay Shore, Long Island. The asking price is $1,850,000.

The corner building, which consists of two floors plus a mezzanine level, is approximately 8,500 square feet. The building boasts impressive grand architecture of the 1940s, and includes an elevator, a parking lot with 20+ spaces, and a drive-thru service window in the rear. Citibank leases the first floor, mezzanine level and basement through the year 2052. This Citibank location is one of their busiest branches on Long Island showing over $369,000,000 in deposits. The second floor, which is approximately 2,500 square feet is vacant, and would be suitable for a professional office space.

This property, located in the heart of Bay Shore Village, is conveniently located across the street from the main Bay Shore Post Office, and just blocks from the LIJ Southside Hospital.

For more information on this listing, contact Massey Knakal First Vice President of Sales Stephen R. Preuss at 718.512.2118.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

09/26/2012 - 13:37

Source

Cushman & Wakefield Capital Markets Group New York

Want more news about Cushman & Wakefield Capital Markets Group New York? Click here