Houlihan Lawrence Commercial Secures 20-Year Lease at 1235 – 1245 Central Park Avenue, Yonkers

Real Estate In-Depth • June 4, 2026
Houlihan Lawrence Commercial Secures 20-Year Lease at 1235 – 1245 Central Park Avenue, Yonkers

RYE BROOK, NY (June 2026) – Peter Chen of Houlihan Lawrence has announced the successful 20-year triple net lease with two lots combined for a 71,508 SF fully turn-key auto dealership at 1235-1245 Central Park Avenue, Yonkers. The space was formerly leased to Yonkers Kia.


The new tenant, Yonkers Auto Group, is looking to bring major franchise Mitsubishi Motors with new and used vehicles, an integrated service station, showrooms and a parts department. It will be their flagship location in Westchester County.


Peter Chen represented both the landlord and the tenant at Houlihan Lawrence Commercial. 


Houlihan Lawrence Commercial, a full-service division, specializes in Investment Opportunities; Office, Industrial and Retail Sales and Leasing; Land Acquisition and Development; Municipal Approval Consultation. With local expertise in the markets north of New York City, the Commercial Division has a database of buyers and sellers throughout the country to effectively market commercial properties and opportunities on a national level.

MTA Advances $800 Million Climate Resiliency Plan for Metro-North Hudson Line

By Real Estate In-Depth • September 25, 2026
Planned improvements include upgrades to drainage and culverts, stabilization of slopes and retaining walls, shoreline rehabilitation and flood protection measures for tracks where feasible.

Yonkers IDA Supports Second Phase of 21 Scarsdale Road Development

By Real Estate In-Depth • September 25, 2026
The approximately $24.9 million project calls for construction of a six-story residential building featuring 10 studios, 15 one-bedroom apartments and 25 two-bedroom apartments, along with parking.

Nearly $107 Million in Unclaimed Funds Waiting for Orange County Owners

By Real Estate In-Depth • September 25, 2026
DiNapoli joined State Senator James Skoufis and local officials in the Town of Wallkill to raise awareness of the $106.8 million currently being held across more than 629,000 Orange County accounts.

Plans Move Forward to Redevelop Former Pleasantville Key Food

By Real Estate In-Depth • September 25, 2026
According to the Village of Pleasantville, The Goddard School would occupy approximately half of the ground level of the former supermarket at 35 Pleasantville Road.

State Funding to Support New and Improved Playgrounds Across Hudson Valley

By Real Estate In-Depth • September 24, 2026
New York has allocated funding through initiatives including NY PLAYS, which supports municipalities seeking to build new playgrounds or renovate existing facilities.

$44.6 Million HEArts Center Breaks Ground in South Bronx

By Real Estate In-depth • September 24, 2026
Plans include classrooms and meeting rooms, health and wellness space, a commercial kitchen, a 120-seat auditorium and space for arts and workforce development programming.
More