Moshe Greinitz Acquires Multifamily Property In New Rochelle For $1.53M

An apartment building located at 53 Charles Street in New Rochelle has been sold in a recent transaction. The property, classified as a multifamily asset, was sold on February 11, 2022. The deal was facilitated by brokers Anthony Watkins and David Algarin from The Oak & Avery Group. The sale price for the property was reported at $1,530,000. The building consists of 7 units with an average price per unit of $218,571. The total square footage of the property is 6,200, resulting in an average price per square foot of $246.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,530,000
• Address: 53 Charles Street, New Rochelle
• Market: New Rochelle

Moshe Greinitz was the buyer in this transaction, while Robin Pepe acted as the seller. Anthony Watkins and David Algarin from The Oak & Avery Group represented both parties as brokers. Their expertise and negotiation skills were instrumental in the successful completion of this deal.