A medical office property in Riverhead has traded for $3.17 million.
The Colt Trust, a Hampton Bays-based real estate investment firm, purchased the 8,808-square-foot building on 1.56 acres at 1267 East Main St.
The property is fully occupied by two tenants, East End Plastic Surgery & Laser Center and Northwell Health Physician Partners.
The sale price equates to a 7.6 cap rate.
Barbara Poliwoda of Douglas Elliman Real Estate represented the buyer, while Giuseppe Gregorio of NY Space Finders represented the seller, Sisters Realty LLC, in the sales transaction.
