Principals of GHP Office Realty in Harrison hope to capitalize on Westchester”™s growing restaurant and retail market with their recent purchase of 81 Main St., a vacant and architecturally distinctive bank building in Dobbs Ferry.
An affiliate of GHP, the office building division of Houlihan-Parnes Realtors L.L.C., paid about $411,000 to acquire the approximately 5,000-square-foot bank from First States Investors TRS, L.P., according to Westchester County land records.
Built in 1923, the bank features 36-foot-high vaulted ceilings, plaster detailing and an intact vault. Its architecture could serve as “a priceless backdrop” for a restaurant, bar or high-end professional suite, GHP and Houlihan-Parnes principals Andrew Greenspan and James J. Houlihan noted in a press release.
The property also could be redeveloped for retail and rental residences, they said.
Greenspan brokered the deal, assisted by company leasing associates Bryan Houlihan and Brendan Hickey.