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Hudson Hill Partners Acquires Multifamily Property In White Plains For $1.4M

55 Davis Avenue
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This MultiFamily property located in NY was sold for $1,400,000 over 2 years ago. The brokers of the deal were David Algarin and Anthony Watkins

An investment property in White Plains, located at 55 Davis Ave., has recently been sold in a closed transaction. The asset is a multifamily property with a total of 9 units spanning across 5,928 square feet. The sale price for this property was $1,400,000, resulting in a price per unit of $155,555 and a price per square foot of $236.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Address: 55 Davis Ave.
  • Market: White Plains

The buyer in this transaction was Hudson Hill Partners represented by Dan Bsharat and Tariq Bsharat. On the other hand, Luigi Olinto acted as the seller. The brokers involved in the deal were Anthony Watkins from Oak Avery Group and David Algarin. The transaction took place on September 2, 2021.

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Deals
  • Location
    55 Davis Avenue, White Plains, NY, USA55 Davis Avenue, White Plains, NY, USA
  • Sale Price
    $1,400,000$1,400,000
    $236 PPSF$236 PPSF
  • Area
    5,928 SF5,928 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

David Algarin

David Algarin

Deals25
Sold$61.8M

Agency

Oak & Avery Group

Oak & Avery Group

Agency
Deals55
Volume$134.6M

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Deal Summary

SALE IMAGE: David Algarin, Dan Bsharat, Tariq Bsharat & Anthony Watkins DATE: 09/02/2021 ADDRESS: 55 Davis Ave. MARKET: White Plains ASSET TYPE: Multifamily BUYER: @HudsonHillPartners - @DanBsharat & @TariqBsharat SELLER: Luigi Olinto BROKERS: Anthony Watkins & David Algarin (@David_Algarin12) @OakAveryGroup SALE PRICE: $1,400,000 UNITS: 9 ~ PPU: $155,555 SF: 5,928 ~ PPSF: $236

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55 Davis Avenue

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