2 Canfield Avenue Update 10/07/22

White Plains Rental Development Sells for $113M

A large residential building, located at 2 Canfield Avenue in White Plains, New York, has just been traded for $113 million. The 9-story structure was acquired by Friedkin Property Group from the previous owner, GID, in a deal brokered by CBRE.

Originally constructed in 2002, the building is managed by Bozzuto Management, and is known as "The Gramercy". It contains rental apartments, offered in one and two-bedroom sizes, and available in a variety of layouts.

The property has a wide range of tenant amenities, including a heated outdoor swimming pool with cabanas and grilling stations, a resident lounge, and a fitness center.

It also has a billiards room, a catering kitchen, a community dog park, a media room with surround sound, and an underground parking garage.

Totalling square feet, The Gramercy sits on over 2 acres of land. The building is located within walking distance of downtown White Plains, and shuttle buses are available to the White Plains Metro North station.

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