Updated Sep 10, 2026
Adirondack Capital Partners Arranges Sale Of 96-Unit Multi-Family Property In Wilton For Undisclosed Price
23 Northern Pines Road
Building Size
272,124 SF
Asset Type
MultiFamily
Closing
Aug 14, 2026
About this deal
AI
A transaction has occurred involving a multi-family property located at 23 Northern Pines Road in Gansevoort. The asset, known as Ridgeview Townhomes and The Crossings Apartments, comprises 96 units within a total square footage of 272,124. The transaction was completed on August 14, 2026.
Summary of transaction details:
- Property Type: Multi-Family
- Transaction Amount: Not specified
- Units: 96
- Square Footage: 272,124
- Address: 23 Northern Pines Road
- Market: Gansevoort
- Brokers: Michael Hunter Coghill, Jacob Brenner, Brittany Feinberg & Chad Sinsheimer
- Agency: Adirondack Capital Partners
Adirondack Capital Partners has been instrumental in arranging this sale, representing the transaction of a significant multi-family property in Wilton, New York. The team of brokers includes Michael Hunter Coghill, Jacob Brenner, Brittany Feinberg, and Chad Sinsheimer.
On the Map
MultiFamily
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Gansevoort MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93