ROYAL PROPERTIES SELECTED TO SELL TWO PROPERTIES
IN WESTCHESTER, NEW YORK

(Spring 2008)

Royal Properties, Inc. is pleased to announce that they have been selected to sell two properties on Route 9 in Ossining, New York. 145 North Highland Avenue (Route 9) is a 6,800 SF office building overlooking the Hudson River. This 3/4 acre lot is situated on heavily traveled Route 9 near Route 9A. David Landes, who is handling this assignment for Royal Properties states “The entire building has been completely renovated ncluding new electric, elevator, wood flooring, windows, lighting and much more. Each floor has it’s own separate kitchen area and is divided nicely to accommodate a law firm or similar use”. This property is set back from Route 9 and offers plenty of parking. The asking price is $2.4 Million.

172 North Highland Avenue (Route 9) is a 7,200 SF retail/office shopping center. Located on Route 9, this center has a mix of local retail and office tenants. The property enjoys excellent visibilty on Route 9 and has parking for 25 cars. “This center is priced to sell and would make a nice investment property. There is tremendous upside as some of the leases are below market. In
addition, the property is in very good condition with upgrades done throughout the past few years” states David Landes. The asking price is $1.5 Million.

Royal Properties, Inc. is a retail brokerage and consulting company specializing in the placement of retailers throughout New York, New Jersey & Connecticut. To learn more about Royal Properties, Inc. please call 914-237-3403 or visit our website at www.royalpropertiesinc.com.