Royal Properties, Inc. is pleased to announce they have brokered a deal to sell 70 Gedney Way located in White Plains, New York. The 9,428 SF freestanding building sold for $2,850,000.
Situated in a highly desirable and accessible location, the property features ample on-site parking, making it well-suited for a variety of professional uses. The new ownership plans to undertake a comprehensive renovation and upgrade of the building, repositioning it as a state-of-the-art medical office facility to meet the increasing demand for healthcare services in the White Plains market.
“This transaction reflects the continued strength of the medical office sector and the demand for well-located properties that can be adapted to meet modern healthcare needs. 70 Gedney Way presents an excellent opportunity to create a high-quality medical facility in one of Westchester County’s most sought-after locations,” said Karnit Mosberg of Royal Properties, who represented the buyer in this transaction. Gary Klein of Houlihan Lawrence Commercial represented the seller.
For additional information on this opportunity, please contact Karnit Mosberg at 914-237-3400, Ext. 110 (Karnit@RoyalPropertiesInc.com).
