TD Ameritrade Building in Scarsdale Changes Hands for $10.3 Million

Real Estate In-Depth | February 2019

SCARSDALE—New York City-based Helmsley Spear, LLC, reported on Feb. 13 that the firm brokered the sale of the TD Ameritrade building in Scarsdale.

Located at 880 Central Park Ave., the TD Ameritrade building is a two-story structure comprising 5,000 square feet with TD Ameritrade Bank as the sole tenant under a 12-year lease. The transaction closed for a sale price of $10.3 million. The purchaser was Garden Street Apartments LLC.

“We are thrilled to have brokered the sale of the TD Ameritrade building to Garden Street Apartments and wish them great success with their new investment,” said Kent M. Swig, president of Helmsley Spear.

Andrew Nemeroff, president of Imperial Capital Company represented the seller in this transaction