An affiliate of RPW, 440 Mamaroneck Ave. LLC, acquired theproperty from an unidentified buyer. Sonnenblick-Goldman LLC's NewYork City office represented the seller. The five-story office,which totals 220,000 sf, is net leased to the Bank of New York. Thebank has occupied the property since the building was completed in1979.
Despite a relatively short remaining term on the tenant's lease,the property's location resulted interest from both local andnational investors, according to Steve Kohn, president ofSonnenblick-Goldman, a real estate investment banking firm. Thebuilding located on almost 20 acres, is one mile south of theHutchinson River Parkway and one mile north of I-95.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
