Fairfield Properties Acquires Melville Office Building For $10M

An office property located at 510 Broadhollow Road in Suffolk County, Melville was recently sold for $10,000,000. The transaction took place on December 22, 2020, and the property spans 75,000 square feet, resulting in a price per square foot of $133. The buyer of the property was Fairfield Properties, while Howard Katz Realty was the seller. The deal was facilitated by broker Michael Tuccillo from The Tuccillo Group, which is associated with Marcus & Millichap NY.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $10,000,000
• Square Footage: 75,000
• Price per Square Foot: $133
• Date: 12/22/2020
• Address: 510 Broadhollow Road
• Market: Suffolk County, Melville
• Buyer: Fairfield Properties
• Seller: Howard Katz Realty
• Broker: Michael Tuccillo - The Tuccillo Group, affiliated with Marcus & Millichap NY

The Tuccillo Group, specializing in investment sales across Long Island and Queens, played a pivotal role in facilitating this office property transaction. For more information on this deal and other similar opportunities, visit The Tuccillo Group's Instagram page https://www.instagram.com/TheTuccilloGroup or contact Michael Tuccillo at (212) 430-5196.