Anonymous investor pays $2.2M for mixed-use property in Tuckahoe

TRD New York /
Mar.March 21, 2019 01:52 PM

An unidentified Westchester County investor shelled out $2.2 million for a mixed-use property near the Crestwood Metro-North station in Tuckahoe, said Redwood Realty Advisors director Michael Scrima, who represented both the buyer and the seller in the transaction. The New Rochelle-based Grasso family owned the building at 305 Columbus Avenue, which houses eight one-bedroom apartments and two ground-floor retail spaces, for more than three decades, said the Elmsford-based Scrima, noting that tenants in the building have generally been young professionals. “The property is already in very good condition and the plan is to keep it for the foreseeable future,” he added. “Properties like this in premier areas like Tuckahoe, Eastchester, Bronxville [and] Scarsdale rarely trade hands.” [Redwood Realty]


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