Titan Acquisitions Purchases Property At 992 Connetquot Ave Central Islip For $1.5M With Buyer's Rep Lawrence Densen And Chris Mayor

The property involved in this transaction is a 15-acre parcel known as Papas Farm, located at 992 Connetquot Ave, Central Islip, NY. The property was sold for $1,500,000.00. It serves as a significant land asset within the Central Islip market. The square footage for this transaction is noted as 0.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $1,500,000.00
• Address: 992 Connetquot Ave, Central Islip, NY
• Market: Central Islip
• Buyer: Titan Acquisitions
• Seller: Unknown
• Buyer's Representatives: Lawrence Densen - Island Associates Real Estate Inc., Chris Mayor - Island Associates Real Estate Inc.

Lawrence Densen and Chris Mayor, both with Island Associates Real Estate, represented both the buyer, Titan Acquisitions, and the seller in this transaction. The deal faced challenges due to COVID-19, which led to the closing being conducted electronically and via overnight mail over a three-day period. Titan Acquisitions plans to develop single-family homes on the site to attract new families to the area. Papas Farm has been a multi-generation family farm with ongoing farming operations by the Papas family in central PA.