Helmsley Spear, LLC, America’s oldest continuously operating real estate firm that was founded in 1866, is pleased to announce that the firm has successfully brokered the sale of the TD Ameritrade building in Scarsdale, New York.

Located at 880 Central Park Avenue in Scarsdale, New York, the TD Ameritrade building is a 2-story structure comprising 5,000 square feet with TD Ameritrade bank as the sole tenant under a 12-year lease. The transaction closed for a sale price of $10.3 million. The purchaser was Garden Street Apartments LLC.

“We are thrilled to have brokered the sale of the TD Ameritrade building to Garden Street Apartments and wish them great success with their new investment,” said Kent M. Swig, President of Helmsley Spear.

“It was a pleasure working with Helmsley Spear to close this transaction and I look forward to closing on more deals with the firm in the future,” said Andrew Nemeroff, President of Imperial Capital Company, who represented the seller in this transaction.

About HelmsleySpear

Since 1866, Helmsley Spear has been a leader in commercial real estate creating legendary deals that are the cornerstones of the real estate industry, and is the oldest, continually operating real estate firm in America. Evolving from a real estate appraisal company to a full-service firm providing highly-skilled, professional performance and bottom-line profitability for its clients, Helmsley Spear provides property owners and users of real estate with a full array of services including: office and retail leasing; property and asset management; capital advisory services; investment sales and financing; project development and construction management; preventative maintenance and engineering; insurance services and appraisal. Helmsley Spear is independently owned and operated with offices in New York and San Francisco.