Investment Summary

Tuckahoe, Realized


Property Type         Industrial

Location                  Yonkers, NY

Loan Type               Preferred Equity

Loan Purpose         Recapitalization

Closing Date           March 2018

Realization Date    March 2019


Tuckahoe is a 429,913 SF industrial facility located in Yonkers, NY, less than 15 miles north of Manhattan. Containing 20 sheltered loading docks, 13 external loading docks and a mezzanine warehouse space with 20’ ceilings, the facility was originally constructed in 1967 as a warehouse for Saks Fifth Avenue. The property is accessible from numerous commercial transportation routes including, I-87, I-95, the Cross-Westchester Expressway, I-287 and the Bronx River Parkway.  The Tuckahoe investment was realized in March 2019.