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October 23, 2009 -
Upstate New York
Jerry Houlihan and James Coleman of Houlihan-Parnes Realtors, LLC brokered the $2.7 million sale of a five-story brick elevator building located at 54-60 Centre Ave., A/K/A 328-330 Huguenot Ave. & 41-43 Westchester Pl. The property contains 20 large apartments, 10 stores and one office with 200 ft. of retail frontage. The building is located at the corner of Centre Ave. and Huguenot Ave. in the Downtown Business Improvement District (BID) of New Rochelle.
The property was sold at a foreclosure auction and the buyer is a Westchester-based holding company with several hundred apartments in the county.
The property is situated a few blocks south of the newly developed "Avalon on the Sound" condominiums, Trump Plaza and New Roc City.