Newmark has been exclusively retained to arrange the sale of 271 Main Street, a generational commercial asset on Eastchester’s primary retail corridor. The Property has been held by the same ownership for over a decade and represents one of the largest single-parcel offerings to come to market on this stretch of Main Street.
The corridor is benefiting from spillover demand from Bronxville Village and the ongoing densification of the Tuckahoe / Crestwood transit nodes, where new multifamily deliveries and a stable Metro-North commuter base continue to drive foot traffic to Main Street operators. Recent leasing activity in the corridor reflects rising rents for street-level retail and service uses.
The opportunity is positioned for a local sponsor, 1031 buyer, or family office seeking a long-term hold with day-one cash flow and multiple paths to value creation, from near-term lease-up to a longer-dated transit-oriented redevelopment thesis.
All inquiries should be directed to Newmark.