Houlihan Lawrence Commercial Announces Sale of Mixed-Use Building at 156 Palisade Ave, Yonkers for $1.6M

Houlihan Lawrence Commercial, a division of Houlihan Lawrence, the leading real estate firm serving New York City’s northern suburbs, has brokered the sale of a building located at 156 Palisade Avenue. Yonkers, NY. The buyer, a local Yonkers businessman, was represented

by Jeffrey Landsman, Associate RE Broker of the Commercial Division. The sale price was $1.6 million. The seller was 156 Palisade LLC from New City.

The property is located at a busy corner on a prime traffic street in Yonkers. The buyer will enjoy the income generated from seven tenants. This free-market building has great upside with upgrades to the existing apartments.

Houlihan Lawrence Commercial, a full-service division, specializes in Investment Opportunities; Office, Industrial and Retail Sales and Leasing; Land Acquisition and Development; Municipal Approval Consultation.

With local expertise in the markets north of New York City, the Commercial Group has a database of buyers and sellers throughout the country to effectively market commercial properties and opportunities on a national level.