Buono of Island Associates brokers $2.85 million sale of former Capital One Bank site

Sayville, NY Richie Buono of Island Associates (IA) procured and negotiated the $2.85 million sale of 160 Main St. which is the 14,000 s/f multilevel former Capital One Bank located on three acres.

The purchasers, D’Angrea Brothers LLC, are local investors. The seller, Sayville I 2020, LLC, purchased the property in 2020 during COVID and the property remained vacant for more than five years.

After multiple years of listing with other agencies, Sayville I 2020 decided to retain Buono to take a new approach and market to local real estate investors to renovate the existing structure while preserving the exterior design which complements the downtown area.

The purchaser is working with a professional services tenant to occupy the building, which will be formally announced a little later on this year.