Daniel Lauchheimer & Josh Stein's 3Y Realty LLC Acquires Watervliet Multifamily For $40M

Located at 2901 Vermont View Drive, in the city of Watervliet, this recent closed transaction involved a multifamily property.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $40,000,000
• Units: 654
• Price Per Unit (PPU): $61,162
• Square Footage (SF): 350,000
• Price Per Square Foot (PPSF): $114

The buyers of this property were Daniel Lauchheimer and Josh Stein, who acquired it through their company 3Y Realty LLC.

Facilitating the deal was broker Jonathan Weinstein from Pyramid.