New York Medical College acquired 19 Skyline Dr. in Hawthorne, NY for $17.5 million, or about $70 per square foot, from Mack-Cali Realty Corporation.
The subject property is a five-story, 248,400-square-foot, class A office building built in 1982 and located in the West I-287 Corridor submarket. The property sits on 12 acres and features a 115-seat auditorium and conference room, fitness center, 80-seat outdoor dining plaza, and a 720-space parking lot.
Both parties handled the direct deal in-house.
Please refer to CoStar COMPS #2718033 for more information on this transaction.