Houlihan Lawrence announces $4.5M in northern Westchester sales

A series of commercial property sales announced by Houlihan Lawrence’s Commercial Group total more than $4.5 million in sales activity for the region.

The sales came in small commercial and industrial buildings in Chappaqua, Cortlandt Manor, Yorktown Heights and Peekskill.

Houlihan Lawrence
191-201 King St. in Chappaqua.

In Chappaqua, the Cape Cod style 191-201 King St. buildings, three fully leased properties totaling 7,600 square feet, sold in two deals totaling $1.55 million. The buyer was described only as a New York City-based real estate investment company. Garry Klein, regional manager of the Houlihan Lawrnece Commercial group, was the listing agent, which Madelyn Ricciardi of Houlihan Lawrence”™s Briarcliff Manor office was referral agent.

Klein also brokered a deal for a half-acre development site at 70 Roa Hook Road, a stretch of Route 9 in Cortlandt Manor. The property sold for $355,000 to an unnamed local  developer, who has obtained approvals to build a car wash on the site. Klein said the buyer spent several years searching for a property zoned to allow a car wash.

Farther north in Yorktown Heights, a 17,500-square-foot industrial building at 2986 Navajo St. sold for $1.2 million. The two-level property is on a 1.7-acre site off Route 6 in the village. The building was bought by a New York City investor who plans to renovate the building to add to draw more tenants, Houlihan Lawrence said. Commercial Group”™s Rich Aponte represented ownership while Harry D”™Onfrio of Town and Country Realty represented the unnamed buyer.

In Peekskill, a 13,500-square-foot industrial building at 1223 Park St. recently sold for $1.45 million. The unnamed buyer plans to renovate the property within its current use. The Commercial Group represented both buyer and seller in the transaction.