Redwood Realty Advisors Sells Westchester Multifamily Property For $2.9M On N. Washington St

Located at 69-71 N. Washington St. in Westchester, this multifamily property was recently sold for a total price of $2,900,000. The property consists of 24 units, resulting in a price per unit of $120,833. The total square footage of the property is 4,200, with a price per square foot of $690. The transaction was facilitated by brokers Michael Scrima and Thomas Gorman Jr. from Redwood Realty Advisors. It should be noted that the property is rent stabilized.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,900,000
• Units: 24
• Price per Unit: $120,833
• Square Footage: 4,200
• Price per Square Foot: $690
• Address: 69-71 N. Washington St.
• Market: Westchester

The sale of this property was handled by brokers Michael Scrima and Thomas Gorman Jr. from Redwood Realty Advisors. Their involvement highlights their expertise in facilitating real estate transactions in the Westchester market.