Bernard Lindgren Acquires Multifamily Property In Croton-on-Hudson For $31M

The multifamily property located at 26 Scenic Drive in Croton-On-Hudson was successfully sold in a recent transaction. The asset consists of 144 units with a total square footage of 142,560. The property was acquired by Bernard Lindgren from the seller, Richard Bartzick, for the total sale price of $31,000,000, equating to a price per unit of $215,278 and a price per square foot of $217.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $31,000,000
• Units: 144
• Square Footage: 142,560
• Price per Unit: $215,278
• Price per Square Foot: $217
• Address: 26 Scenic Drive, Croton-On-Hudson
• Market: Croton-On-Hudson
• Buyer: Bernard Lindgren
• Seller: Richard Bartzick
• Brokers: Anthony Watkins & David Algarin - Oak & Avery Group

The deal was facilitated by expert brokers Anthony Watkins and David Algarin from Oak & Avery Group. Their professionalism and industry knowledge were instrumental in bringing together both the buyer and seller to successfully close this significant transaction.