Royal Properties, Inc. is pleased to announce that they have brokered the sale of Lincolndale Plaza in Somers, New York.

Lincolndale Plaza is a 5,260 square foot shopping center located at 152 Route 202 in Somers, NY.  This property was listed at $1.225 Million and is 100% leased.  The center is on a 1-acre lot, which features 64 parking spaces, recently upgraded electric service, two curb cuts, and is serviced by well water and septic. Tenants include United States Postal Service, Somers Pub and Lincolndale Veterinary Center.

Scott Meshil of Royal Properties, Inc. represented both the Seller, Lincolndale Plaza Associates, LLC and the Buyer, REM Lincolndale, LLC, in this transaction.  “While we had several interested parties,” says Scott Meshil, “it took an experienced buyer to understand the value and the potential of this property.”  For additional information, please contact Scott Meshil (Scott@RoyalPropertiesInc.com) at 914-237-3400, Ext. 106.

Royal Properties, Inc., is a retail brokerage and consulting company specializing in sales and leasing throughout New York, New Jersey & Connecticut.  To learn more about Royal Properties, Inc., please call 914-237-3400 or visit our website at www.RoyalPropertiesInc.com.