ROYAL PROPERTIES NAMED EXCLUSIVE BROKER TO SELL CHASE BANK IN PORT CHESTER, NEW YORK

Royal Properties, Inc. is pleased to announce they’ve been named exclusive broker to sell the freestanding Chase Bank at 122 North Main Street in Port Chester, NY.

The property is located in the heart of Port Chester’s thriving downtown and is situated at the base of the Port Chester Metro-North train station. There are over 3,000 new and planned residential units surrounding the property.  Neighboring retailers include Whole Foods, Kohl’s, Target, Stop & Shop, Costco, Michael’s, Walgreen’s and many more.  In addition, The Capitol Theater is located approximately a quarter mile away from the property. With ceiling heights of 27 feet, this 5,082 square feet freestanding building has a real presence in downtown Port Chester. This location has tremendous visibility with approximately 12,000 vehicles per day, easy access to I-95, I-287 and the Metro-North train, plus abundant municipal parking.  This is an absolute net lease with no Landlord responsibilities.  There are approximately 140,000 people living within a five-mile radius with an average household income of $139,304

“This is a rare opportunity to own a freestanding Chase Bank in the suburban New York metropolitan market,” states Jim Aries, Managing Director of Royal Properties, Inc. who will be handling this assignment

For additional information or to request an Offering Memorandum, please contact Jim Aries at 914-237-3400, Ext. 114 (Jim@RoyalPropertiesInc.com).