NEW CITY, NY, (April 14, 2014) — A 9,500 square foot Office building in Montebello, NY has sold for $1,850,000.
The property is located at 49 N. Airmont Road in Montebello, and has 3 long term tenants. Built in 2002, the property is of very modern architecture and located within easy access of NY Thruway and Route 59.
The Sellers were represented by Ron Chromey of KW Commercial, the commercial arm of Keller Williams Hudson Valley Realty in New City. “Our goal was to offer this turnkey investment property to an investor who will not only experience an nice return on investment short term, but to experience anticipated increased property values in the future as an upside to this investment” said Ron Chromey, Associate Broker.
The approximately 9500 Office Building is situated on ¾ acre. The unit mix is comprised of 3 offices units with onsite parking.
was a conventional deal between two local private investment groups. After
a buyer was secured for the property the deal closed in only 5 days.
About Keller Williams Realty Inc.:
Founded in 1983, Keller Williams Realty Inc. is the fourth-largest real estate franchise operation in North America, with over 690 offices and over 73,000 associates in the United States and Canada. The company, which began franchising in 1990, has an agent-centric culture that emphasizes access to leading-edge education and promotes an economic model that rewards associates as stakeholders and partners. For more information, visit Keller Williams Realty online at (www.kw.com).