FIVE POINT REAL ESTATE ARRANGES SALE OF 83-UNIT ROCKVILLE CENTRE APARTMENT COMPLEX FOR $16 MILLION

PATCHOGUE RETAIL CENTER IS SOLD FOR $7 MILLION – MELVILLE, NY (Jan. 24, 2018) Five Point Real Estate announced that it has arranged the sale of two multi-family buildings in Rockville Centre, Long Island, for $16 million to Melville-based Fairfield Properties. Five Point also announced the sale of a net-leased strip shopping center in booming downtown Patchogue, Long Island, for $7 million. In the Rockville Centre transaction, Five Point sold 145 Maple Ave. and 91-99 Grand Ave., an83-unit, two-building apartment package on behalf of Suburban Associates at Grand and Maple LLC, a family developer […]

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