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Cushman & Wakefield has been retained on an exclusive basis to sell Harrison Plaza, a newly renovated office complex, located at 450 Mamaroneck Avenue in the heart of the Mamaroneck Avenue office corridor in Harrison, New York. The asking price for the plaza is $39,500,000.

Harrison Plaza is a 4-story, 177,630 square foot office building located on over 18 acres of land. There are 673 parking spaces including 40 covered executive spots. Over the last several years the property has undergone a complete gut renovation and features a mixture of full floor configurations as well as several smaller office suites.

In recent years, the medical sector has been one of the fastest growing segments within the Westchester office market. 450 Mamaroneck Avenue has been at the forefront of this trend as the building is 90% occupied and includes a variety of medical office and educational tenants, all of which are in place on a long term basis.

Positioned in the center of Westchester County the property is situated between downtown Mamaroneck and the rapidly expanding city of White Plains. The property’s ideal location features direct access to major highway systems including the Hutchinson River and Merritt Parkways, Interstate 287 and Interstate 95 as well as close proximity to the Metro North train line.

As demand for medical office space expands even further and companies continue relocation initiatives to major suburban markets 450 Mamaroneck Avenue represents a stable investment with significant in-place income and additional upside in the long term.

Bob Knakal, Chairman, New York Investment Sales at Cushman & Wakefield is exclusively marketing this property with Andrew Merin, Gary Gabriel and Bill Eisenhut.

Click here for listing details