News: Brokerage

Houlihan Lawrence Commercial sells 6,500 s/f property for $1.55 million

450 Commerce Street - Hawthorne, NY

Hawthorne, NY Houlihan Lawrence Commercial has brokered the sale of a 6,500 s/f property at 450 Commerce St. The site offers commercial space along with a two-family home. The property, which sold for $1.55 million, was acquired by Maselli Contracting & HVAC.

The purchaser was represented by Coldwell Banker Signature Properties. The owner was represented by Garry Klein, managing director of Houlihan Lawrence Commercial and Jared Stone, associate broker of Houlihan Lawrence Commercial.

“We’re thrilled to have facilitated the successful transaction of 450 Commerce St. This central location is poised to be a hub for Maselli Contracting & HVAC’s expansion, providing convenient access for their contracting jobs. We’ve worked closely with both the seller and the buyer to realize their goals. This sale underscores the growth potential of Hawthorne’s commercial real estate market, and we anticipate the area’s continued prosperity.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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

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

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.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of