Wilder Balter Partners Acquires Multifamily Asset From Berkeley College For $12.5M In White Plains

The transaction involved a multifamily asset located at 99 Church Street & 6 Cottage Place in the White Plains market. The property comprises 68 units, totaling 150,000 square feet, with a sale price of $12,500,000, resulting in a price per unit of $183,823 and a price per square foot of $83.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,500,000
• Buyer: Wilder Balter Partners
• Seller: Berkeley College
• Units: 68
• Square Footage: 150,000
• Price Per Unit: $183,823
• Price Per Square Foot: $83
• Date of Transaction: 02/25/2025
• Brokers: John Barrett, Chris O'Callaghan & Carmen Bauman - RM Friedland

John Barrett, Chris O'Callaghan, and Carmen Bauman represented the buyer, Wilder Balter Partners, in this transaction. The seller, Berkeley College, was involved in the sale of the multifamily property, facilitating the transaction within the White Plains market.