October 24, 2008

FOR SALE: 23,700 SQ. FT. SITE ON BOSTON POST ROAD, LARCHMONT, NY.

ABS PARTNERS REAL ESTATE, LLC IS PLEASED TO ANNOUNCE ITS APPOINTMENT AS EXCLUSIVE SALES AND NET LEASING AGENT FOR 1380 BOSTON POST ROAD (A/KA/ US-ROUTE 1) IN LARCHMONT, NY.

THE WESTCHESTER MEDICAL GROUP CURRENTLY OCCUPIES 2,480SF ON THIS UNIQUE 23,700SF SITE. A MAXIMUM OF 5,925SF ON 2 STORIES CAN BE BUILT. 40 PARKING SPACES ADORN THIS PROMINENT PROPERTY ALONG HEAVILY TRAFFICKED US ROUTE 1 JUST OFF OF WEAVER STREET.

POSSESSION WILL BE IN NOVEMBER. THE SALES PRICE IS $1,500,000. A TRIPLE NET LEASE AT $38PSF CAN BE ARRANGED FOR THE 2,480SF BUILDING. IDEAL USES INCLUDE: RETAIL GOODS OR SERVICES; BANK; MEDICAL/HEALTH RELATED FACILITY; PROFESSIONAL/GOV’T OFFICES; RECREATION ESTABLISHMENT; ETC.

JAY KREISBERG, SENIOR MANAGING DIRECTOR OF ABS PARTNERS REAL ESTATE, LLC, IS HANDLING THE EXCLUSIVE ASSIGNMENT. HE CAN BE REACHED AT 212 400-2348 OR JKREISBERG@ABSRE.COM.

ABS PARTNERS REAL ESTATE LLC IS A NEW YORK BASED REAL ESTATE INVESTMENT, BROKERAGE, MANAGEMENT AND CONSULTING FIRM SPECIALIZING IN REPRESENTING OWNERS OF REAL ESTATE IN THE ACQUISITION, REPOSITIONING AND DEVELOPMENT OF COMMERCIAL AND RESIDENTIAL PROPERTIES. “WE BUILD PARTNERSHIPS THAT LAST”

FOR ADDITIONAL INFORMATION CONTACT JASON FEIN AT 212.400.2357 OR JFEIN@ABSRE.COM.