Steve Van Tongeren Sells Multifamily Asset At 1870 Baldwin Road In Yorktown Heights For $15.75M

The property asset involved in the transaction is a multifamily unit located at 1870 Baldwin Road in Yorktown Heights. The asset was sold for $15,750,000, comprising 77 units with an average price per unit of $204,545. The total square footage of the building is 70,000, resulting in a price per square foot of $225.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,750,000
• Units: 77
• Price per Unit: $204,545
• Square Footage: 70,000
• Price per Square Foot: $225
• Seller: Steve Van Tongeren
• Brokers: Matthew Gault, Seth Glasser, Michael Fusco & Michael Turkiewicz - Marcus & Millichap

The deal features four brokers representing the transaction, all from Marcus & Millichap, who played a significant role in facilitating the sale. The transaction took place on June 25, 2025, marking a noteworthy event in the Yorktown Heights market.