News: Brokerage

Schuckman and Colantonio of Schuckman facilitate $17.5 million sale; Knakal and Eisenhut of C&W represent seller

92 Main Street - Yonkers, NY 92 Main Street - Yonkers, NY

Yonkers, NY Schuckman Realty has facilitated the sale of 92 Main St. The sale price was $17.5 million.

Matthew Colantonio, Schuckman Realty Matthew Colantonio, Schuckman Realty

Kenneth Schuckman and Matthew Colantonio of Schuckman Realty represented purchaser, AMS Acquisitions, and Bob Knakal and Bill Eisenhut of Cushman & Wakefield represented the seller in this acquisition of a 75,000 s/f mixed-use building. The property contains 40 residential live/work lofts and four ground floor retail units and is located downtown on the southwest corner of Main St. and Buena Vista Ave.

The property overlooks the Hudson River and is home to Chase Bank and Yonkers Brewery.  “Given its superior location and extremely unique qualities, 92 Main St. will benefit greatly from the growth and resurgence we are currently seeing in downtown Yonkers,” said Avi Abadie, a principal at AMS Acquisitions.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account