Hudson Companies Acquires Port Chester Development Site For $18M

A development site located at 27-45 N Main St, 28 Adee St & 20-28 N Main St in Port Chester has been sold for $18,000,000. The buyer of the property is Hudson Companies, while Ivy Realty acted as the seller. The transaction was facilitated by the brokers Brian Whitmer, Niko Nicolaou, and Ryan Dowd from Cushman & Wakefield.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $18,000,000
• Address: 27-45 N Main St, 28 Adee St & 20-28 N Main St
• Market: Port Chester

The development site has a buildable square footage (BSF) of 258,813, resulting in a price per buildable square foot (PPBSF) of $70. The total square footage (SF) of the property is 56,623, with a price per square foot (PPSF) of $318.