Ashkenazy Acquisition Corp. Acquires Ferndale Shopping Center In Larchmont For $35M

The Ferndale Shopping Center, located at 1310-1340 Boston Post Road in Larchmont, has been sold in a closed transaction for $35,000,000. The shopping center spans a total area of 83,923 square feet, resulting in a price per square foot of $417. The anchor tenants of the shopping center include CVS Pharmacy and Stop & Shop.

Summary of transaction details:

• Property Type: Shopping Centre
• Transaction Amount: $35,000,000
• Square Footage: 83,923
• Price per Square Foot: $417
• Address: 1310-1340 Boston Post Road, Larchmont
• Market: Larchmont
• Buyer: Ashkenazy Acquisition Corp. (AAC)
• Seller: The Ferndale
• Broker: Andrew J. Merin, David W. Bernhaut, H. Gary Gabriel (Cushman & Wakefield)

Ben Ashkenazy and Daniel Levy of Ashkenazy Acquisition Corp, represented by Cushman & Wakefield's Andrew J. Merin, David W. Bernhaut, and H. Gary Gabriel, have acquired the Ferndale Shopping Center in Larchmont.