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A retail property in Melville has offered for $3.3 million.
505 WW Holdings LLC, an entity registered to a Roslyn-based actual property funding group, bought the 9,200-square-foot constructing on 1.16 acres at 505 Walt Whitman Street.
The property is absolutely occupied by two tenants, Steinway Piano Gallery and Grace Music.
The sale worth equates to a 7 p.c cap charge.
Michael Gronenthal of Douglas Elliman Business represented the client, whereas Ted Trias served as in-house consultant for the vendor, Rechler Fairness Companions, within the gross sales transaction.
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