A Chase Bank branch in Baldwin sold for $3.6 million. Dylan Silber represented the seller on the 4,500-square-foot building at 1235 Grand Avenue, which sits on just over an acre and priced out to a 5.36 cap. Chase holds it on a triple-net lease through February 2028 with two five-year options behind that. The buyer was Hermes Management out of Manhattan.
Summarized from Long Island Business News. Original article: https://libn.com/2025/11/07/chase-bank-property-in-baldwin-sold-for-3-6-million/
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