RM Friedland Announces Marketing of Berkeley College

WHITE PLAINS, NY (September 2021) -- RM Friedland, a regional leader in commercial real estate brokerage, has announced it is marketing Berkely College’s Westchester campus at 99 Church Street. The property represents a rare opportunity for a user, investor, or developer to lease or own a mixed-use property in the heart of Downtown White Plains.

Berkely is closing its operations in Westchester County and consolidating to its New York City location. The property features two detached buildings, a four-story, 110,000-square-foot office building with full basement at 99 Church Street and a six-story dormitory style residential building at 6 Cottage Place with 55 dormitory units that have 140 beds.

The office building, which is partially leased, is opportunistically versatile in that it could be ideal for an institutional user who may also need the dormitory units in the residential building, equally attractive to a developer as the nearly one acre site could accommodate an estimated 136,000 sf of new development assuming the demolition of all existing buildings and could also be attractive to a value-add investor as the office building currently has four tenants leasing a total of 24,103 square feet of space.

“This outstanding property offers a wide range of benefits for a purchaser including an excellent location in the Central Business District, easy access to mass transit, great demographics and a rare opportunity to be part of the momentum of a vibrant and booming downtown,” said John Barrett of RMF’s Investment Division. “This property could be perfectly suited for repurposing, a trend which has become a prominent one in the Westchester office market,” added Chris O’Callaghan of RMF’s office division. Chris and John will be teaming with RMF team members Charlie Dewey and Reed Waggoner on this new assignment.

For more information, please call (914) 968-8500 or email info@rmfriedland.com

About RM Friedland

RM Friedland, which celebrated its 50th anniversary last year, is the largest commercial real estate brokerage company in Westchester County. To find out more about RM Friedland, please visit rmfriedland.com.