Houlihan Lawrence Commercial, a division of Houlihan Lawrence, the leading real estate firm serving New York City’s northern suburbs, has announced the recent sale of 163 Wolfs Lane, Pelham, NY for $2,100,000. The site was previously approved for a 27–unit multifamily building with one retail space and 34 parking spaces.
The seller, a local investor, was represented by Garry Klein, Associate Broker and Regional Manager of Houlihan Lawrence Commercial. The buyer was
James Smithmeyer, Principal, JMJ Contracting and Development LLC. He was represented by Bill Eisenhut, Director, Cushman & Wakefield.
Proposed development of the site would feature a 40,858 SF building plus 10,902 SF lower level garage,13 one-bedrooms, 11 two-bedrooms (2 w/terraces)3 two-bedroom plus den penthouse w/oversized terraces, 34 parking spaces in garage with two–car elevators/lifts.
The site is conveniently located in a highly sought-after village and only blocks from the Metro-North train station. Perfect for a new luxury residential development.
Houlihan Lawrence Commercial, a full-service division, specializes in Investment Opportunities; Office, Industrial and Retail Sales and Leasing; Land Acquisition and Development; Municipal Approval Consultation. With local expertise in the markets north of New York City, the Commercial Division has a database of buyers and sellers throughout the country to effectively market commercial properties and opportunities on a national level. For more information, please contact Mike Rackenberg, mrackenberg@houlihanlawrence.com or 973-609-2105.
INSTAGRAM: @HLCommercial
