Marwan Abdullah Acquires Office Building In Yonkers, NY For $5.575M

A 48,553 square foot office property located at 955 Yonkers Avenue in Yonkers has been sold for $5,575,000. The sale was completed on December 15, 2022. The property was purchased by Marwan Abdullah from the seller, Prana Investments, represented by Rick Herman. The transaction was facilitated by Marco Lala, David Raciti, Jack Lala, Michelle Lala, and David Scotto from RM Friedland.

Summary of Transaction Details

• Property Type: Office
• Transaction Amount: $5,575,000
• Square Footage: 48,553
• Price per Square Foot: $115
• Address: 955 Yonkers Avenue
• Market: Yonkers

In this deal, Marco Lala, David Raciti, Jack Lala, Michelle Lala, and David Scotto from RM Friedland acted as brokers representing both the buyer and the seller. The transaction showcases the active real estate market in Yonkers, where the property was located.