SOLD
The W Group Acquires Assisted Living Facility In Oyster Bay, Long Island For $37M
150 South Street
Other
70,819 SF
70,819 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Other
70,819 sqft
The W Group, represented by Ari Weiss and Berry Weiss, has acquired Oyster Bay Manor and Harbor House, an Assisted Living Facility located at 150 South St. in Oyster Bay, Long Island. The purchase price for the property was $37,000,000, with the transaction facilitated by Valley National Bank. The facility spans 70,819 square feet, resulting in a price per square foot of $522.
Summary of transaction details
- Property Type: Assisted Living Facility
- Transaction Amount: $37,000,000
- Address: 150 South St., Oyster Bay, Long Island
- Market: Oyster Bay, Long Island
The W Group, led by Ari Weiss and Berry Weiss, is the largest Assisted Living Group in New York State. Their recent acquisition of Oyster Bay Manor and Harbor House highlights their commitment to the assisted living sector in Long Island.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Berry Weiss
DATE: 10/20/2021
ADDRESS: 150 South St.
MARKET: Oyster Bay, Long Island
ASSET TYPE: Assisted Living Facility
BUYER: The W Group - Ari Weiss & Berry Weiss
LENDER: Valley National Bank
SALE PRICE: $37,000,000
SF: 70,819 ~ PPSF: $522
NOTE FROM BUYER: The largest Assisted Living Group in New York State just purchased Oyster Bay Manor & Harbor House in Long Island.View on map
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Address150 South Street
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