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David Gaber Of Bijou Properties And Kavneet Sethi Of Green Property Acquire Multifamily In White Plains For $16M

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SOLD
$16,000,000

New York

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MultiFamily
Sold 05/02/2025
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Property Image
SOLD

David Gaber Of Bijou Properties And Kavneet Sethi Of Green Property Acquire Multifamily In White Plains For $16M

1 Water Street

See Similar Deals
MultiFamily
Sold 05/02/2025

Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Sale

1 Water Street, located in White Plains, is a 1.3-acre site that has been approved for the development of a 301-unit apartment project. The asset was sold for $16 million as part of a transaction involving 1 Water Street Acquisition LLC.

Summary of transaction details:

This transaction features key participants in the real estate sector, namely David Gaber and Kavneet Sethi, who represent their respective companies Bijou Properties and Green Property LLC in this acquisition. The sale underscores the engagement of established entities in the New York market.

Details

SOLD
IMAGE: David Gaber & Kavneet Sethi DATE: 05/02/2025 ADDRESS: 1 Water Street MARKET: White Plains ASSET TYPE: Multifamily ~ ACRES: 1.3 BUYER: David Gaber - Bijou Properties & Kavneet Sethi - Green Property LLC SELLER: Veris Residential Inc SALE PRICE: $16,000,000 NOTE: 1 Water Street in White Plains, a 1.3-acre site approved for a 301-unit apartment project, sold for $16M to 1 Water Street Acquisition LLC, involving David Gaber (Bijou Properties) and Kavneet Sethi (Green Property LLC)

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