Houlihan Lawrence Commercial Group Brokers NYC and Mount Vernon Deals

Real Estate In-Depth | October 2016

RYE BROOK—Houlihan Lawrence Commercial reported recently that Michael Rackenberg of Houlihan Lawrence Commercial Group closed on the sale of a Chelsea mixed-use building at 137 West 19th St. Listed by Douglas Elliman and Rand, Westchester-based Houlihan Lawrence Commercial Group brought the buyer who won the property for $10.5 million.

With six storieS— first floor retail; second, third, fourth floors office space; and, fifth and sixth floor residential duplex—possibilities for this building are endless. Currently, the buyer plans to keep the building as-is, the brokerage firm stated.

In addition, Garry Klein of Houlihan Lawrence Commercial Group closed on a high profile deal located at 20 South West St. in Mount Vernon for $3 million. Klein represented both the seller and buyer of the mixed-use property. The buyer is planning to use the site to develop a residential tower, with retail at the base.

“This is an exciting deal for both Houlihan Lawrence Commercial Group and the surrounding community,” explained Klein. “Mount Vernon is undergoing a revitalization boom and we are happy to be involved with its progression.”

According to Houlihan Lawrence Commercial Group, the half-acre development site has direct platform access to the Mount Vernon West Metro-North station, along the Harlem line.