News: Shopping Centers

Goldschmidt of Goldschmidt & Assoc. closes three deals including two sales - $3.7 million; Jacobs of Goldschmidt brokers two leases-5,300 s/f; Szabo of Goldschmidt secures 3,200 s/f

According to Eric Goldschmidt, senior partner at Scarsdale, New York based Goldschmidt & Associates, six transactions were recently brokered by the firm. 19 East Main St., with 12 apartments and two retail stores was sold to a local purchaser for $3.2 million. The entire building is occupied. 117 Smith Ave. a 3,000 s/f commercially zoned house was sold to a local operator for $500,000. The building was formerly a pediatrician's office and will be upgraded for a non-medical use. 16 S. Bedford Ave., a 3,000 s/f former bank space was leased to Community Mutual Savings Bank which opened for operations in April. The master tenant is CVS/Caremark Corp., which occupies approx. 15,000 s/f adjacent to the bank. The property is situated at the intersection of Rtes. 120 and 117 across from Northern Westchester Hospital. Eric Goldschmidt was the sole broker for the above three transactions. Two deals totaling 5,300 s/f were brokered at 487 Main St. for Q Restaurant and Mt. Kisco Liquor & Wine. Joshua Jacobs is the agent representing this property. David Szabo, of Goldschmidt & Associates represented the landlord in its 3,200 s/f leasing transaction at 41 S. Moger Ave. The long term lease is for the space formerly occupied by Washington Mutual Savings Bank and fronts the Shoppers Parking Lot. Szabo is also the exclusive agent for space at 350 Lexington Ave. ( 12,000 s/f ) and 156 N. Bedford Rd. (10,000 s/f currently a furniture store). Goldschmidt represents 115 Kisco Ave., a 13.2 million s/f space formerly occupied by Range Rover. Goldschmidt & Associates has always been very active in this scity. Deals include CVS, Lexus of Mt. Kisco, Staples, TJ Maxx, Mt. Kisco Sports, 1 East Main St., Ann Taylor, Rite Aid, Alternative Closet, Little Gym, amongst others. Goldschmidt & Associates specializes in the sale and leasing of retail, commercial, and industrial real estate in the New York Tri State Area.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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