AMS buys another Yonkers office building for $9.5M

TRD New York /
Jan.January 10, 2018 06:04 PM

The six-story office building at 86 Main Street in Yonkers, which was built for Homes for America in 2005, has a new owner. New York City REIT AMS Acquisitions paid Madison Realty Capital $9.5 million for the property, which is across the street from the Yonkers Metro North station. AMS, which bought the building at 92 Main Street for $17.5 million in January 2017, plans significant renovations to the building, including adding floor-to-ceiling windows on the top three floors. Schuckman Realty represented both parties in the sale, and Cushman & Wakefield has been chosen as the leasing agent. [Press Release]


Related Articles

arrow_forward_ios
Finger and Finger principal Kenneth Finger and landlord activist Jeff Hanley with Westchester (Credit: iStock)

Westchester group lobs its own constitutional challenge to New York’s rent law

Westchester group lobs its own constitutional challenge to New York’s rent law
Lana Zakocela and Justin Etzin in front of their former New Castle home (Credit: Getty, Zillow)

The Seychelles to auction off estate at a discount after diplomat’s divorce

The Seychelles to auction off estate at a discount after diplomat’s divorce
Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more
Paul Simon’s Connecticut estate is on the market for $14M

Paul Simon’s Connecticut estate is on the market for $14M

Paul Simon’s Connecticut estate is on the market for $14M
Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more
This new bill is taking aim at property taxes for golf courses — including Trump’s

This new bill is taking aim at property taxes for golf courses — including Trump’s

This new bill is taking aim at property taxes for golf courses — including Trump’s
Placeholder image

Rockland County’s troubled Time Nyack Hotel gets a new owner

Rockland County’s troubled Time Nyack Hotel gets a new owner
Placeholder image

Edge-on-Hudson developers enlist architect for parks and paths

Edge-on-Hudson developers enlist architect for parks and paths
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...