Cushman & Wakefield Retained To Sell $8.95M Condo Package

Real Estate In-Depth | February 14, 2017

Gateway Condominiums at 257 Central Ave. in White Plains.

WHITE PLAINS– Cushman & Wakefield announced recently that the firm was exclusively selected to market a package of 22 condominium units within Gateway Condominiums at 257 Central Ave. in White Plains. The asking price is listed at $8.95 million.

The condominium units, totaling approximately 27,751 square feet, are free market two-bedroom, two-bathrooms with high-end luxury finishes, a washer and dryer, a gas fireplace, central air conditioning and a terrace. They are located within a four-story, elevator serviced luxury apartment building with a gym, picnic area, children’s playground and on-site garage parking.

A Cushman & Wakefield team of Thomas A. Donovan, Tommy Lin, Eugene Kim and Robert Rappa is leading the sales and marketing efforts.

“The value of this package lies in the high-end quality of the condominiums and their ideal location on the amenity-rich Central Avenue,” said Donovan, vice chairman of Cushman & Wakefield. “As we see a continued growth of retail and office tenants in the White Plains neighborhood, the package presents an exciting opportunity for a buyer to enter and remain visible in the market.”