News: Long Island

Five Point Real Estate brokers $3.075 million sale

2798 Merrick Road - Bellmore, NY

Bellmore, NY Five Point Real Estate handled the sale of a Mobil Gas Station located at 2798 Merrick Rd.

The sale price was $3.075 million.

Jerry Mancini represented the buyer, George Macchia, while Tyler Cranz acted on behalf of the seller, Dave Banner.

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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.