7-11 South Broadway, White Plains, NY
November, 2017- Jeremiah A Houlihan of Houlihan-Parnes Properties and Andrew M. Greenspan of GHP Office Realty, LLC, both affiliates of Houlihan-Parnes Realtors, LLC, are pleased to announce the sale of 7-11 South Broadway in downtown White Plains, NY. The property is improved with 4-story plus basement 70,000 square foot office building constructed in 1955. Over the last several years, over $1M in capital improvements have been completed. Ideally located in the White Plains Central Business District, the property is adjacent to the City Center and Trump Plaza and is within walking distance to the Westchester and Galleria Malls and other shops and restaurants.
The property was purchased by a Stamford based real estate holding company with substantial holdings along the sound shore in Fairfield and Westchester counties. The purchase completed a 1031 Tax free exchange for the group.