Daniel Lauchheimer & Josh Stein Of 3Y Realty Purchase Multifamily Asset In Menands For $30.25M

The property asset involved in the transaction is located at 587 Broadway - Village One Apartments in the Menands market. It is a multifamily asset with a sale price of $30,250,000, encompassing a total square footage of 244,266. The price per square foot stands at $123.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $30,250,000
• Square Footage: 244,266
• Price Per Square Foot: $123
• Address: 587 Broadway - Village One Apartments
• Market: Menands
• Buyer: Daniel Lauchheimer & Josh Stein - 3Y Realty
• Broker: Jonathan Weinstein - Pyramid Brokerage Company

Daniel Lauchheimer and Josh Stein from 3Y Realty are actively seeking to enhance their portfolio by acquiring more value-add multifamily units. They invite inquiries for deals involving 100+ units in New York, New Jersey, Connecticut, Delaware, or Pennsylvania through provided contact emails.