CBRE brokers $12.1m sale of 10 townhomes at 1-10 The Pointe

Rye Brook, NY CBRE has completed the $12.1 million sale of The Pointe, a multifamily property. Comprised of 10 luxury townhomes, The Pointe was acquired by a private investor from Bowman Avenue Property, LLC.

The CBRE team of Louis Zuckerman and Patrick Colwell lead the marketing of the asset and represented the seller in the negotiations. CBRE also procured the buyer.

The Pointe townhomes feature two-car garages, lofty ceilings, hardwood flooring, crown and base moldings, and Anderson windows. Each three-story home has four bedrooms, a master bath with Carrera marble floor and counters, a rear patio, kitchen with white cabinets, white quartz counters, and stainless-steel appliances.

The homes are situated in the highly sought-after suburb near shopping, golf courses, highways, railroad and airports.

“This multifamily asset is a rare and irreplaceable collection of large townhomes located on one tax lot,” said Zuckerman. “The buyer recognized the value in acquiring these unique single-family townhomes, which will continue to be in high demand in an area with strong tenant demographics and virtually no other similar options.”