Algarin and Watkins of Oak & Avery Group broker three sales

May 04, 2021 - Front Section
David Algarin

 

Anthony Watkins

 

Yonkers, NY The Oak & Avery Group handled three Westchester sales.

  • 349 Saw Mill River Rd., a nine-unit mixed-use building consisting of seven apartments and two stores, with a sales price of $1.48 million and a 6.2% cap rate;
  • 72 W 1st St., Mount Vernon, a 12,500 s/f mixed-use office/retail property with a sales price of $1.145 million, representing $92 per s/f; and
  • 149 W 5th St., Mount Vernon, a multifamily property comprised of five free-market apartments at a sale price of $755,000, representing a 6.3% cap rate.

The Oak & Avery Group’s David Algarin and Anthony Watkins represented both buyer and seller in all transactions.

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