Mendel Schwartz Acquires Package Deal In New Rochelle For $1.98M

A package deal in New Rochelle, consisting of properties located at 58 Grand St., 27 First St., 16 Drake Ave., and 13-15 Union St., has been sold for a total price of $1,980,000. The buyer, Mendel Schwartz, acquired the assets from McGoey & Sons. The transaction was facilitated by Cushman & Wakefield, with the seller's representation provided by Eric Roth, Bill Eisenhut, Tyler Signora, Jonathan Squires, and Rob Shapiro. Lupita Mendoza and John Deraffele served as the buyer's representatives in the deal.

Summary of transaction details:

• Property Type: Package Deal
• Transaction Amount: $1,980,000
• Units: 12
• Price per Unit (PPU): $165,000
• Square Footage: 10,697
• Price per Square Foot (PPSF): $185

The package deal in New Rochelle involved multiple properties and was successfully closed with the assistance of Mendel Schwartz as the buyer and McGoey & Sons as the seller. Cushman & Wakefield represented the seller in the transaction, with Eric Roth, Bill Eisenhut, Tyler Signora, Jonathan Squires, and Rob Shapiro serving as the seller's representatives. Lupita Mendoza and John Deraffele supported Mendel Schwartz as the buyer's representatives throughout the deal.