Houlihan Lawrence's Commercial Real Estate Group announced the transaction. Maryknoll, located at 40 Somerstown Road, was owned by the Catholic Foreign Mission Society of America, Inc. and also known as Maryknoll Fathers and Brothers. The four-story, 42,944 square foot structure, was purchased by David Lyons for $2.75 million.
“The ample space will allow local artists and musicians to unleash their creativity and really master their work,” said Lyons. “The center will also offer various arts programs to the citizens throughout the Westchester area.”
Tom Laperch, manager of the Houlihan Lawrence Commercial Group in Rye Brook represented both the seller and purchaser in the transaction.
“This space is an amazing addition that the community will really benefit from,” said LaPerch. “The library and conference rooms are great to display artwork and the dorm-style rooms will be the perfect place for artists to hold residencies.”
The first floor of the property houses a chapel, 15 dorm rooms with attached half baths, 17 offices and an accessory kitchen. The second floor includes a library and conference room, 13 dorm rooms and five apartments with full kitchens and baths. The third floor includes an additional 16 dorm rooms, a library and conference room, an accessory kitchen and three full apartments with full kitchens and baths.
Maryknoll, which was last occupied in 2013 has been within the Maryknoll family since 1924, when it was initially purchased by the Maryknoll Sisters of St. Dominic. The Maryknoll Fathers and Brothers obtained the title to the property in 1958.
The property was purchased by Bethany Arts Community, Inc. (BAC), a New York non-profit with 501c3 tax exempt status. BAC's mission is to create a space and environment where the many forms of art can be learned, produced and flourish.
Artists of all ages and levels of experience will be welcome to explore and create art that the community can experience and be engaged in while enhancing their perception and perspective of the world.
Click here to follow Daily Voice Ossining and receive free news updates.