Neighbor News
Friedland Realty Advisors Closes Three Exclusives within Westchester and the Bronx
Friedland closes three properties totaling $3.4 million, representing both buyers and sellers
Westchester and Bronx, NY – (December 22, 2014) – Friedland Realty Advisors (formerly NAI Friedland) – a full-service commercial real estate firm with a 45-year pedigree– has shared that Friedland brokers Andy Grossman and Stephen Couture recently represented buyers for transactions in Ossining and Mt. Vernon that totaled over 35,000-square-feet. Grossman also worked with Rick Stassa on the sale of a 6,000-square-foot building in the Bronx.
As the exclusive brokers on the deal, Grossman and Stassa represented the buyer, but also found the seller of 3739-3741 White Plains Road, Bronx, NY. Bronx Sports store purchased the 6,000-square-foot building and 1,500-sqaure-foot enclosed yard for $615,000 from Fast Linen Service, an industrial Laundromat. The agreement positions the local sporting goods retailer in a prime, heavily concentrated area of retail shops adjacent to the 2 and 5 subway lines.
In Ossining, Diamond Dairy sold its property of 15 years to Westbrook Development for $1.3 million. Couture and Grossman received exclusive broker rights for the transaction, representing both the buyer and seller. The nearly 34,000-square-foot warehouse on 1.9 acres boasts a 14’ ceiling bursting with natural light and includes heavy power supply. Zoned as PW-a (Planned Waterfront Zone,) the building contains warehouse storage, multiple loading docks, and a large parking area for multiple tractor trailers. New owner Westbrook Development continues to exclusively retain Grossman and Couture for leasing of the building. “We have successfully negotiated a lease for half of the building. The remaining 17,000/sf is available to a single tenant or can be demised to custom fit the user” said Stephen Couture.
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Couture and Grossman were also the exclusive brokers, representing both the buyer and seller, in the $1.5 million sale of 22 South West Street in Mt. Vernon. Former owner John Reppetti sold the 1,500-square-foot auto repair center and gas station with an additional 1/2 acre of property to MacQuesten Companies. MacQuesten is currently planning to build a transit-oriented housing development and retail space at the new location.
“As the exclusive brokers, combining our vast experience and in-depth industry knowledge, we were able to get all three deals done for top value,” says Andy Grossman of Friedland Realty Advisors. “It’s always a great feeling to work with your fellow brokers on a successful transaction, especially three successful deals.”
