Westchester Retail Market Shows Strength with $2.1M Eastchester Sale

Houlihan Lawrence Commercial has facilitated the sale of a 3,200-square-foot retail building located at 17–19 Mill Road for $2.1 million, reflecting a strong price of $656.25 per square foot. The transaction drew multiple competitive offers, underscoring ongoing investor appetite for quality retail properties in prime suburban corridors.

The deal was brokered by Michael Scrima, Director and Associate Real Estate Broker of the SG Realty Team, along with Sean Campbell, Real Estate Salesperson, both of Houlihan Lawrence Commercial. The team represented both the buyer and seller in the transaction.

According to Scrima, the level of interest in this property is indicative of broader market conditions. “This was a highly sought-after asset that generated significant competition,” he noted, pointing to sustained demand for retail assets in strong Westchester locations.

Campbell added that activity remains steady across multiple asset classes, including retail, office, and industrial properties throughout Westchester and Rockland Counties, as investors and business owners continue to seek strategic opportunities in the region.

The transaction reflects a wider trend in the Hudson Valley commercial market, where well-positioned properties continue to command premium pricing, particularly in walkable, high-traffic communities like Eastchester.

Houlihan Lawrence Commercial, a full-service division of Houlihan Lawrence, specializes in investment sales, leasing, land acquisition, and development advisory. With a broad network of buyers and sellers nationwide, the firm continues to play a key role in connecting investors to opportunities throughout the region.