Mamaroneck Property Sold to Developer Building Apartment Complex on Site

Real Estate In-Depth | July 2018

RYE BROOK—Houlihan Lawrence’s Commercial Group recently announced the sale of a 3,100- square-foot, one-story building at 145 Library Lane in Mamaroneck. The sale price was $800,000. Bryan Lanza and Garry Klein represented both the buyer and seller in the transaction.

The purchaser was Garson Properties of Mamaroneck which has approval to build an apartment complex on the site. Located at 145-149 Library Lane, the new building will contain nine two-bedroom apartments, a rooftop deck and ground floor parking.

In another recent transaction, Houlihan Lawrence Commercial Group was successful in securing a 10-year lease at 100 W Boston Post Road in Mamaroneck. The property, which overlooks the Mamaroneck Harbor Island, is regarded as the entrance to “restaurant row” on Mamaroneck Avenue.

Lum Yen Chinese Cuisine operated at this location for more than 45 years. The new restaurateur who has taken over the space is Antonio (Tony) Mauro of La Vela Dining and Bar out of New York City. The new restaurant plans on opening this summer. Bryan Lanza represented both owner and tenant in the long-term lease.