NEW LANDLORD: A 25 Unit Mixed Use Property At 1179 Yonkers Avenue Sales For $4.35 Million – By Brian Harrod

A three-story property occupies nearly one full block on Yonkers Avenue and Richfield Avenue and consists of rental apartments and ground-level retail stores.

YONKERS: Juster Development acquired the property in October 2014 for $4 million in 2014, so this appears to have been a poor investment after six years.

Michael Scrima, director of Elmsford-based Redwood Realty Advisors, represented the seller, Juster Development and procured the buyer, The Nord Group.