Interest in Yonkers Shopping Center sold
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- February
- 6
YNR Management of Bayside, Queens, has bought the leasehold interest in the Yonkers Shopping Center on Central Park Avenue for $11.8 million, the brokerage CB Richard Ellis said. The deal involves the retail property on the 6-acre site, but not the land itself. The lease lasts until 2047. Built in 1972 and renovated in 1999, the Yonkers Shopping Center is 92 percent leased. Key tenants include Staples, Lucille Roberts, and Outback Steakhouse. CB Richard Ellis Vice Chairman Jeffrey Dunne and Senior Associate Ryan Bassett handled the deal. Bassett said it was YNR’s first deal in Westchester.
This entry was posted
on Tuesday, February 6th, 2007 at 3:59 pm by Jerry Gleeson.
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