Joshua Stein & Daniel Lauchheimer Acquire 82-Unit Multifamily In Westchester County For $18M

The property asset involved in this transaction is a multifamily building located at 22 Baltic Pl., situated in Westchester County. This asset comprises a total of 82 units, with a sale price of $18,000,000. The total square footage of the property is 73,430, resulting in a price per unit of $219,512 and a price per square foot of $245.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,000,000
• Units: 82
• Square Footage: 73,430
• Price Per Unit: $219,512
• Price Per Square Foot: $245
• Buyer: Joshua Stein & Daniel Lauchheimer
• Seller: Bartzick Family
• Brokers: Anthony Watkins & David Algarin - The Oak & Avery Group

The deal featured the involvement of brokers Anthony Watkins and David Algarin representing the transaction. This partnership facilitated the meeting between the buyers and sellers, playing a crucial role in finalizing the deal.