Pleasantville and White Plains Retail Buildings Sold
Admiral Real Estate Services recently sold Pleasantville and White Plains retail buildings. The first, a vacant restaurant property in the City of White Plains, was sold for $2,225,000.
The property is located at 189 East Post Road, at the corner of Waller Avenue, just off “Restaurant Row” in the heart of the cultural and entertainment district of White Plains. The property was sold in an all-cash transaction by LCP White Plains to Zef Perlleshi.
189 East Post Road is a 10,000 sq. ft. corner property with 160 feet of frontage on Waller Avenue and East Post Road. The building has a 6,000 sq. ft. dining room and kitchen on the ground floor, with an additional 4,000 sq. ft. lower level of private banquet space and storage.
According to Admiral, “The property’s superior location will provide significant income to the new owner, as we had multiple restaurateurs looking to lease the space from the seller while we marketed the property. The location could also prove to be part of an assemblage for future large-scale development. The immediate area has seen four new multifamily development projects, with an additional project proposed.”
Admiral Real Estate also reported that a vacant retail store in Pleasantville was sold by Lahel Realty Corp. for $585,000 in an all-cash transaction to Sammy Properties. The property, located at 4 Pleasantville Road, is approximately 3,500 sq. ft. and is the former location of Heller’s Shoes, which consolidated its Pleasantville location to their larger store in Mt. Kisco.
Admiral represented the seller in the transaction. Rob Seitz of Stetson Realty represented the buyer.
.For more information, please contact Jonathan Gordon, President/CEO or call (914) 779-8200 x115
Admiral Real Estate Services Corp. is a commercial real estate brokerage firm offering retail leasing, site selection and investment sales services. Admiral currently lists and/or manages over 100 retail, office and development properties in the New York metropolitan area, specializing in Westchester County, Fairfield County and Bronx County.