Schiller of Pyramid Brokerage and Quinn of Mission Commercial handle $4 million sale

Benjamin Schiller, Pyramid Brokerage Co.

2055 Niagara Falls Blvd - Amherst, NY

Michael Quinn, Mission Commercial Realty

Amherst, NY According to Cushman & Wakefield/Pyramid Brokerage Company and Mission Commercial Realty, Rockey and Ling Ren, through Asian Center Mall LLC have purchased a former Walmart Superstore property located at 2055 Niagara Falls Blvd. from an affiliate of developer Benchmark Group. The sale price for the 125,000 s/f store on 26 acres was $4 million.

Benjamin Schiller of Pyramid Brokerage Co., a Cushman & Wakefield alliance member, and Michael Quinn of Mission Commercial Realty handled the negotiations for the transaction.

According to Schiller, Asian Center Mall LLC is “still formulating an ultimate plan” but will be redeveloping the facility into an Asia Food Market which will occupy “a good portion of the building.”

Tags: Brokerage

Reprint

Previous Story Next Story

Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

Investment Property Realty Group’s Team Friedman brokers seven Bronx closings totaling $12.07 million

IPRG’s Team Friedman brokers 7 Bronx closings totaling $12.07m

Highcap Group sells Astoria 17 unit elevatored apartment building

OPEN Impact R.E. helps Coney Island Prep. secure 39-year leasehold condominium for new 45,190 s/f high school

OPEN Impact helps Coney Island Prep. secure leasehold condo. for new high school

New York restaurant group acquires Upper West Side retail co-op for $4.135 million in deal arranged by Lee & Associates NYC

N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Brokerage

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

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.

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional

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

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing