Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Apartment Building In Hartsdale

05/01/2013

Massey Knakal Realty Services has been retained on an exclusive basis to sell an apartment building at 140 East Hartsdale Avenue. The property is located on the east side of East Hartsdale Avenue off of Rockledge Road in Hartsdale, New York.  The asking price is $19,500,000.

The six-story elevator-serviced building contains approximately 82,794 square feet and consists of 79 residential units.  There are two studios, 42 one-bedroom units, 30 two-bedroom units, and five three-bedroom units.  53 units feature terraces/outdoor space.  The building benefits from two elevators, 28 indoor parking spaces, and 17 outdoor parking spaces. 

The building is located within close proximity to the Bronx River Parkway and just blocks from Central Avenue and the Metro-North train. It is adjacent to the Scarsdale Country Club. This property offers tremendous upside potential and presents a rare opportunity for an investor to own one of the largest apartment buildings in one of the more desirable neighborhoods in Westchester.

For more information on this listing, contact Massey Knakal Partner Thomas A. Donovan at 718.275.3400.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,500 transactions having a market value in excess of $17 billion.

www.masseyknakal.com

05/01/2013 - 08:13

Source

Cushman & Wakefield Capital Markets Group New York

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