A pair of Citizens Bank branches traded together for $7.25 million, with Dylan Silber representing the seller on both. The first is a 2,456-square-foot branch at 675 Hempstead Turnpike in Franklin Square that sold for $3.75 million at a 5.28 cap. The second sits at 820 Bloomfield Avenue in West Caldwell, New Jersey, runs 2,500 square feet, and went for $3.5 million at a 5 cap. Hermes Management bought both.

Summarized from Long Island Business News. Original article: https://libn.com/2026/01/21/local-investment-firm-acquires-two-bank-properties/