MacQuesten Development Acquires Development Site On Yonkers' Main St. For $965,000

A development site located at 36-38 Main St. in Yonkers has been sold for a price of $965,000. The site spans a total of 3,956 square feet, resulting in a cost of $244 per square foot.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $965,000
• Lot Size: 3,956 square feet
• Address: 36-38 Main St., Yonkers
• Market: Yonkers

The buyer in this transaction is MacQuesten Development, represented by Rella Fogliano. The seller is Matt Sprayregen of Rising Development. The deal was facilitated by the brokers Chris Varjan, Steve Lorenzo, Jonathan Braun, George Steffani, and Mitch Salmon, all from Lee & Associates NYC.

It is worth noting that Lee & Associates NYC has been rapidly expanding their presence in the Bronx, Upper Manhattan, and Westchester. Over the past 60 days, the Lee NYC team has successfully closed more than 30 leasing and sales transactions in these markets. The firm is committed to providing best-in-class service to drive results in these rapidly growing and historically underserved markets. Additionally, Lee NYC is actively seeking motivated brokers to support their continued growth.

For any inquiries, please contact Chris Varjan via email at [email protected] or call 212-776-1272.