News: Brokerage

Klein of Houlihan Lawrence sells 3,752 s/f 510 North Bdwy. - $900,000

White Plains, NY Houlihan Lawrence Commercial sold 510 North Bdwy. for $900,000.

The seller and purchaser were both represented by Garry Klein, regional manager and team leader of Klein Commercial at Houlihan Lawrence. The seller was 510 N Broadway LLC, and the purchaser was Comstock Residential. 

The property consists of a 3,752 s/f, two-story professional building situated on a .47-acre corner lot. The purchaser plans to file a site plan for 12 open concept three-bedroom, two-bath condominiums, with a rooftop amenity and gym.

The site is a block from the North Metro-North train station which provides quick and convenient access to New York City and great access to downtown and several major highways.

Neighboring businesses include popular eateries, banks, CVS and retail shops. 

MORE FROM Brokerage

Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul

St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
Artificial intelligence in lending - by Lindsay Mesh Lotito

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,
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