Redwood Realty Advisors Facilitates $3.95M Westchester Multifamily Sale

The transaction involves a multifamily asset located at 9 Rochelle Terrace in the Westchester market. The sale price was set at $3,950,000, encompassing a total of 21 units within a building that spans 15,300 square feet. This results in a price per unit of $188,095 and a price per square foot of $258.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,950,000
• Address: 9 Rochelle Terrace
• Market: Westchester
• Units: 21
• Square Footage: 15,300
• Price Per Unit: $188,095
• Price Per Square Foot: $258

The deal was facilitated by brokers Michael Scrima and Thomas Gorman Jr., representing Redwood Realty Advisors in the transaction. They played a key role in coordinating the sale and managing the negotiations associated with this multifamily asset.