Houlihan Lawrence Commercial Secures 20-Year Lease at 1235 – 1245 Central Park Avenue, Yonkers

Real Estate In-Depth • June 4, 2026
Houlihan Lawrence Commercial Secures 20-Year  Lease at 1235 – 1245 Central Park Avenue, Yonkers

RYE BROOK, NY (June 2026) – Peter Chen of Houlihan Lawrence has announced the successful 20-year triple net lease with two lots combined for a 71,508 SF fully turn-key auto dealership at 1235-1245 Central Park Avenue, Yonkers. The space was formerly leased to Yonkers Kia.


The new tenant, Yonkers Auto Group, is looking to bring major franchise Mitsubishi Motors with new and used vehicles, an integrated service station, showrooms and a parts department. It will be their flagship location in Westchester County.


Peter Chen represented both the landlord and the tenant at Houlihan Lawrence Commercial. 


Houlihan Lawrence Commercial, a full-service division, specializes in Investment Opportunities; Office, Industrial and Retail Sales and Leasing; Land Acquisition and Development; Municipal Approval Consultation. With local expertise in the markets north of New York City, the Commercial Division has a database of buyers and sellers throughout the country to effectively market commercial properties and opportunities on a national level.

By Rey Hollingsworth Falu August 14, 2026
Our new office gives us an opportunity to be more accessible, more engaged and, most importantly, more connected to our members.
By Real Estate In-Depth August 13, 2026
The proposal calls for a single approximately 454,000-square-foot warehouse with accessory office space, truck loading docks, trailer storage, employee parking and related infrastructure.
By Real Estate In-Depth August 13, 2026
The Meadows of Briarcliff, proposed for a 42-acre property at 715 Sleepy Hollow Road, has been under review since 2021.
By Real Estate In-Depth August 12, 2026
The company will expand its operations at 345 Park Avenue in Midtown Manhattan, strengthening its existing New York presence.
By Real Estate In-Depth August 12, 2026
All of the apartments will be affordable to households earning up to 80 percent of the Area Median Income, with units serving a range of income levels.
By Real Estate In-Depth August 12, 2026
The funding comes as communities across New York continue to face challenges related to housing affordability, limited inventory and the cost of maintaining older homes.
More