$8 Million Deer Park Property Sells To New Jersey Firm: Report

DEER PARK, NY — New Jersey-based commercial real estate investment firm Faropoint has purchased an industrial building in Deer Park for $8 million, according to a report by Long Island Business News (LIBN).

The outlet said the property is a 40,000-square-foot building on 2.2 acres at 105 E. Jefryn Boulevard in Deer Park. It's Faropoint’s second Long Island property, in addition to a 24,000-square-foot building in the Heartland Business Center in Edgewood, LIBN reported.

"The deal was a sale/leaseback with the seller, Jefryn Park Realty LLC, an affiliate of Nanz Custom Hardware, which will now be leasing the property," LIBN wrote.

Read more here at Long Island Business News.