Sales fell for a third straight month following a 7.7% decline in May and a 10.1% fall in April.
Ownership plans to invest $35 million in upgrades to the complex that provides affordable rental housing to some 1,000 residents.
The Floor & Decor space was carved out of the 140,000-square-foot former Target store, which closed in Feb. 2019.
The 64,184-square-foot building is on 4.47 acres.
The three highest-priced home sales in Kings Point last month ranged from $1.875 million to $2.65 million.
Operating Engineers school paves way for lucrative careers in construction.
The Northeast region saw a year-over-year drop of 3.2 percent, the first drop in showing activity in any region since April 2020 when the industry was grappling with the effects of the pandemic.
The deal for the hotel also included the sale of a lease with the Village of Port Jefferson for the management of restaurants and catering facilities at the Port Jefferson Country Club.
The 2,410-square-foot restaurant building on .56 acres is slated to become Five Brothers Fried Chicken and Waffles.
The new businesses include Brazilian steakhouse Fogo de Chão, Warby Parker eyewear and Madison Reed Color Bar.