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7 Lakeside Road

The Multi Family property located in New York that spans 85,800 square feet sold for $34,250,000 or $399 PPSF. The deal closed 2 months and 16 days ago. The brokers of the deal were Brian Whitmer, Adam Spies, Niko Nicolaou, Ryan Dowd and Peter Welch

  • Location image 7 Lakeside Road, Newburgh, New York 12550, United States
  • Sold Value
    image $34,250,000
    image $399
  • Asset Type image Multi Family
  • Area image 85,800 SF
  • Parties image5 Brokers,1 Agency
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Brian Whitmer

Cushman & Wakefield
  • Deals 15
  • Volume $774,210,000
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Adam Spies icon icon icon icon icon

Cushman & Wakefield
  • Deals 111
  • Volume $32,000,000,000
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Niko Nicolaou

Cushman & Wakefield
  • Deals 14
  • Volume $540,200,000
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Ryan Dowd icon

Cushman & Wakefield
  • Deals 5
  • Volume $554,000,000
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Peter Welch

Cushman & Wakefield
  • Deals 1
  • Volume $34,250,000
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Comparables: 7 Lakeside Road

Showing 4 of 25

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Price Icon $32,000,000

  • StatusSOLD, $159 PPSF
  • Date08/10/22
  • Address271 West 144th Street, New York City, New York 10030, United States
  • Address271 West...
  • AssetMULTI FAMILY
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Price Icon $36,000,000

  • StatusSOLD, $384 PPSF
  • Date08/05/22
  • Address442 Decatur Street, Brooklyn, New York 11233, United States
  • Address442 Decatur...
  • AssetMULTI FAMILY
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Price Icon $31,980,000

  • StatusSOLD, $384 PPSF
  • Date07/19/22
  • Address410 Cathedral Parkway, New York City, New York 10025, United States
  • Address410 Cathedral...
  • AssetMULTI FAMILY
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Price Icon $34,750,000

  • StatusSOLD, $1003 PPSF
  • Date05/26/22
  • Address102 Norfolk Street, New York City, New York 10002, United States
  • Address102 Norfolk...
  • AssetMULTI FAMILY
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This Deal on Social

SALE
IMAGE: Brian Whitmer, Adam Spies, Niko Nicolaou, Ryan Dowd & Peter Welch
DATE: 06/02/2022
ADDRESS: 7 Lakeside Rd.
MARKET: Orange County
ASSET TYPE: Multifamily

BUYER: Castle Lanterra
SELLER: Farrell Communites
BROKERS: Brian Whitmer, Adam Spies, Niko Nicolaou (@Niko_Nicolaou), Ryan Dowd & Peter Welch – Cushman & Wakefield (@CushWake)

SALE PRICE: $34,250,000
UNITS: 102 ~ PPU: $335,784
SF: 85,800 ~ PPSF: $399

Text Content: img

SALE
IMAGE: Brian Whitmer, Adam Spies, Niko Nicolaou, Ryan Dowd & Peter Welch
DATE: 06/02/2022
ADDRESS: 7 Lakeside Rd.
MARKET: Orange County
ASSET TYPE: Multifamily

BUYER: Castle Lanterra
SELLER: Farrell Communites
BROKERS: Brian Whitmer, Adam Spies, Niko Nicolaou (@Niko_Nicolaou), Ryan Dowd & Peter Welch – Cushman & Wakefield (@CushWake)

SALE PRICE: $34,250,000
UNITS: 102 ~ PPU: $335,784
SF: 85,800 ~ PPSF: $399

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Contact Brian Whitmer

Brian Whitmer serves as Executive Director of the Metropolitan Area Capital Markets Group in Cushman & Wakefield’s East Rutherford, New...

The Livingston-based brokerage announced this week that it recognized Niko Nicolaou, an executive vice president, with its Deal of the...

Licensed Commercial Real Estate Professional in New York Metro, focused on Capital Market transactions including Investment Sales, Financing/Refinancing, and Debt/Equity...

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Peter Welch
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