Royal Properties, Inc. is pleased to announce the sale of 23 & 29 Arlo Lane at Bear Mountain Parkway in Cortlandt Manor, New York. The asking price was $4.2 Million with multiple offers.
23 & 29 Arlo Lane consists of a 15,000 square foot Verizon facility and a vacant 19,200 square foot building, formerly Elmsford Sheet Metal, on a 5 Acre lot. Neighboring tenants include United Rentals and NYS DOT.
“This property is an excellent investment opportunity and has great potential, the new owners plan to renovate and re-purpose the vacant building,” states John Williams of Royal Properties, Inc., who along with co-broker Andy Grossman of Houlihan Lawrence Commercial, handled this transaction. For additional information, please contact John Williams at 914-237-3400, Ext. 115 or (John@RoyalPropertiesInc.com).