Benson of Royal Properties sells 10,351 s/f

White Plains, NY Royal Properties, Inc. handled the sale of 295 Central Ave. The sale price was not disclosed.

295 Central Ave. consists of a 10,351 s/f two-story building on 0.28 acres. The property provides dedicated parking, 100 ft. of frontage on Central Ave. and is within walking distance to the White Plains MTA Train Station.

“The purchaser, El Centro Hispano, Inc. plans to completely renovate and repurpose the vacant building. This will allow them to expand their services of educational programs and help with housing, employment and immigration referrals. I know they will continue to be a huge asset for the community,” said Craig Benson of Royal Properties, who represented the seller, The Wilhelm Group, LLC. Barry Synnott of Coldwell Banker represented the buyer, El Centro Hispano, Inc.

Tags: Brokerage

Reprint

Previous Story Next Story

SL Green Realty inks 34,564 s/f of leasing at 711 Third Ave.

Manhattan, NY SL Green Realty Corp. completed two office leases totaling 34,564 s/f at 711 Third Ave. The transactions include a 14,598 s/f, 8.5-year renewal lease with Ackman Ziff Real Estate

NAI Long Island brokers sale of 2,500 s/f office for $680,000

Merrell of Island Associates sells 1,400 s/f medical office - $650,000

Merrell of Island Assocs. sells 1,400 s/f medical office

Mercor signs lease for 25,550 s/f at One World Trade Center

Roth of Manhattan Skyline leases retail space to Age of Stones

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Construction Design & Engineering

International Interior Design Association NY celebrates 10th anniversary of DEX NYC June 25th

Columns and Thought Leadership

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.