Houlihan Lawrence Commercial arranges sale of mixed-use building for $1.6 million

Yonkers, NY Houlihan Lawrence Commercial has brokered the sale of a building located at 156 Palisade Ave. The buyer, a local businessman, was represented by Jeffrey Landsman, associate R.E. Broker of the Commercial Division. The sale price was $1.6 million. The seller was 156 Palisade LLC from New City.

The property is located at a corner on a prime traffic street. The buyer will enjoy the income generated from seven tenants. This free-market building has upside with upgrades to the existing apartments.

Tags: Brokerage Hudson Valley

Reprint

Previous Story Next Story

Brennan Investment Group closes strategic 22-building industrial portfolio

Moorestown, NJ Brennan Investment Group (Brennan) completed the recapitalization of two portfolios containing 22 buildings and totaling 1,176,122 s/f in Moorestown, and Nashville. Notably, the transaction marks Brennan’s third

NAI Long Island achieves 100% occupancy at two Suffolk County office assets

Highcap Group sells parking lot across Queens County Court House

Adler of Rand Commercial brokers $9.5 million sale of Yonkers development site

Adler of Rand Comm'l. brokers $9.5m sale of Yonkers dev. site

After the lease is signed: What New York City’s office moves reveal about the changing workplace - by Maya Z.

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Brokerage

HarbourVest Partners selects 9 West 57th St. for first N.Y.C. office

Columns and Thought Leadership

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.

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

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

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,