Newmark Brokers Facilitate $21M Sale Of Saratoga Springs Multifamily Property

Located at 2 Saddle Way, Saratoga Springs, this multifamily property was recently sold in a closed transaction. The property spans 81,840 square feet and consists of 57 units. The sale price for this asset was $21,000,000, resulting in a price per unit of $368,421 and a price per square foot of $256.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $21,000,000
• Address: 2 Saddle Way, Saratoga Springs
• Units: 57
• Price per Unit: $368,421
• Square Footage: 81,840
• Price per Square Foot: $256

The sale of this multifamily property was facilitated by Gene Pride, Kevin Welsh, Brian Schulz, and Jamie Thelwell from Newmark. They represented the parties involved in the transaction, ensuring a successful deal.