A commercial building at 126 N. Main St. in Port Chester that was constructed in 1890 has been sold for $1.9 million, according to Houlihan Lawrence Commercial. The buyer was Vandelay Main Street LLC and the seller was ECP Willett LLC.
The building had been home to the restaurant and bar Rye House, which operated at the location for about 10 years. It closed in May of last year.
The 13,620-square-foot mixed-use building consists of the restaurant and bar space on the first floor and office space on the second and third floors. Houlihan Lawrence Commercial’s Mike Rackenberg, director of commercial and associate real estate broker, represented both the seller and the buyer.
“This sale underscores the sustained appeal and strength of the Port Chester commercial real estate market,” Rackenberg said. “Active investment interest continues to flow into the area, and properties like this remain highly desirable due to Port Chester’s strategic location, vibrant downtown environment, and strong supportive infrastructure. Port Chester continues to stand out as a highly sought-after commercial hub, drawing attention from a diverse range of investors and businesses. This transaction is the latest example of the market’s dynamism and positive outlook,” he added.
Houlihan Lawrence Commercial specializes in investment opportunities, office, multifamily, industrial and retail sales and leasing, land acquisition, development, and municipal approval consultation.
