KABR Group Acquires 79-Unit Multifamily Asset From G&S Investors And Robert Martin Co. For $30.7M

A 79-unit multifamily building located at 1 North Main Street in Port Chester has been sold for $30,700,000. The property encompasses 7,630 square feet, with a price per unit of $388,608 and a price per square foot of $4,024.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $30,700,000
• Units: 79
• Square Footage: 7,630
• Price Per Unit: $388,608
• Price Per Square Foot: $4,024
• Buyer: KABR Group
• Seller: G&S Investors, Robert Martin Co.
• Broker: Jose Cruz, Jeffrey Julien, Steve Simonelli & Austin Pierce - JLL

The seller was represented by a team from JLL, while KABR Group, identified as the buyer, is a regional investor. This transaction highlights the involvement of JLL brokers in the deal, facilitating the sale of the mixed-use apartment building.