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Marcus & Millichap brokered the $23.5-million sale of the Astor Buck Campus in the Westchester County community of Irvington, NY

Marcus & Millichap Closes Sale of Irvington’s Astor Buck Campus

Marcus & Millichap closed the sale of the Astor Buck Campus, a three-building, 138,000-square-foot office campus in the Westchester County community of Irvington, NY. The property sold for $23.5 million. 

The firm’s Alan Cafiero, Mark Gjonbalaj and Matt Leszyk represented the seller, Stanford Bridge LLC and procured the buyer, Carvi Properties Inc. 

“Designed by Stanford White and built along the Hudson River in 1895, the Astor Buck Campus has a stable rent roll and strong tenant mix led by fashion designer Eileen Fisher,” said Cafiero. “Renovated multi-purpose workspaces, including live-in artist lofts, light distribution-warehouse space, and customized offices provide a variety of tenant uses.  

“Lease-up of vacant space gives our buyer an attractive upside opportunity and bringing the in-place rents to market rates will help increase cash flow in the near term,” he continued. 


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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