The Friendly’s on Montauk Highway in East Islip has a new owner. Dylan Silber sold the 3,000-square-foot restaurant at 50 Montauk Highway, set on eight-tenths of an acre, for $1.8 million, a 5.87 cap. Friendly’s is on a triple-net lease that runs through May 2037 with four more five-year options behind it, so the buyer stepped into a long, clean income stream. Dylan represented both the buyer and the seller.

Summarized from Long Island Business News. Original article: https://libn.com/2026/02/02/friendlys-east-islip-property-sale/