Joel Furman Purchases Mixed-Use Property In Patchogue From Richard Seigel For $1.55M

The property involved in this transaction is a mixed-use asset located at 14 South Ocean Avenue in Patchogue. It has a sale price of $1,550,000 and encompasses a total of 6,098 square feet, translating to a price per square foot of $254.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,550,000
• Address: 14 South Ocean Avenue
• Market: Patchogue
• Square Footage: 6,098
• Price per Square Foot: $254
• Buyer: Joel Furman
• Seller: Richard Seigel
• Brokers: Steven D. Bezmen & Vincent T. Gebbia - Douglas Elliman Commercial of LI LLC

Key individuals involved in this transaction include Joel Furman as the buyer and Richard Seigel as the seller. The brokers representing the deal are Steven D. Bezmen and Vincent T. Gebbia from Douglas Elliman Commercial of LI LLC. A note from the broker states "Happy Holidays!" and provides contact information for both Steven Bezmen and Vincent Gebbia for those interested in selling business or commercial real estate.