SVN Negotiates $2.3M Acquisition of People’s United Bank Building in Babylon, N.Y.

BABYLON, N.Y. — SVN | Realty Three Advisors has negotiated the $2.3 million purchase of the People’s United Bank Building located at 375 Deer Park Ave. in Babylon. An unnamed buyer purchased the net leased retail and office building from 375 Deer Park Avenue LLC. Patricia Posillico of Sperry Van Ness | Realty Three Advisors represented the buyer. Sabre Real Estate Group represented the seller.