Houlihan Lawrence Commercial, a division of Houlihan Lawrence, the leading real estate firm serving New York City’s northern suburbs, has announced the recent sale of 163 Wolfs Lane, Pelham, NY for $2,100,000. The site was previously approved for a 27-unit multifamily building with one retail space and 34 parking spaces.
The seller, a local investor, was represented by Garry Klein, Associate Broker and Regional Manager of Houlihan Lawrence Commercial. The buyer, Vertical Community Development LLC, was represented by Bill Eisenhut, Director, Cushman & Wakefield.
Proposed development of the site would feature a 40,858 SF building plus 10,902 SF lower level garage,13 one-bedrooms, 11 two-bedrooms (2 w/terraces)3 two-bedroom plus den penthouse w/oversized terraces, 34 parking spaces in garage with two-car elevators/lifts.
The site is conveniently located in a highly sought-after village and only blocks from the Metro-North train station. Perfect for a new luxury residential development.
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 Division has a database of buyers and sellers throughout the country to effectively market commercial properties and opportunities on a national level. For more information, please contact Mike Rackenberg, mrackenberg@houlihanlawrence.com or 973-609-2105.
INSTAGRAM: @HLCommercial