Atkins Companies And Denholtz Properties Acquire Office Building In Chappaqua For $40M

The ±490,000-square foot office property located at 480 N Bedford Road in Chappaqua has been sold for a total price of $40,000,000. The property, which is anchored by Northern Westchester Hospital [Northwell Health] and CareMount Medical, features 12 additional tenants and is conveniently situated directly off the Saw Mill River Parkway in the Hamlet of Chappaqua.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $40,000,000
• Square Footage: 490,000
• Price per Square Foot: $82
• Market: Chappaqua

The successful sale was facilitated by Atkins Companies' Corey A. Atkins and Denholtz Properties' Steve Denholtz, representing the buyers, and brokered by Matthew Tarpley, Jake Gorin, and Michael Fioravanti from H2C. The sellers, Summit Development Partners, were advised by H2C's healthcare real estate team on the monetization of the property.