G. Houlihan and D. Houlihan of Houlihan & O’Malley complete $1.9 million sale of 855-861 Yonkers Avenue, Yonkers

Yonkers, NY Houlihan & O’Malley Real Estate Services arranged the sale of 855-861 Yonkers Ave., All World Beverage and Fergie’s Warehouse Wine and Liquor. 855-861 Yonkers Ave. was the real estate part of the deal. The building has 6,000 s/f of retail space on the ground level with an additional 2,250 s/f of storage and office space on the second floor. The building is on a 13,000 s/f lot with 16 parking spaces. It is located directly across from Yonkers Raceway Casino on Yonkers Ave. There were two separate businesses, All World Beverage and Fergies’s Warehouse Wine and Liquor that closed simultaneously with the real estate. The buyers were Kella Westchester 2015 Corp., Wholesale Beer and Beverage Mark & Mike, LLC and Mark and Mike Warehouse Wine & Liquors, Inc. The sale price of the real estate was $1.9 million. The sale price of the beer and liquor stores were not disclosed. Gerry Houlihan & Dan Houlihan with Houlihan & O’Malley, represented the sellers. The sellers’ attorney was James Veneruso with Veneruso, Curto, Schwartz and Curto. The Buyers were represented by Yovendra Mangel with DelCarmen & Mangel, PC. The deal was financed by Sterling National Bank. Tom Goff was the loan officer.