
West Babylon, NY Jeremy Hackett of Metro Realty Services, LLC sold 3,000 s/f at 400 Columbus Ave. to D&W Columbus LLC for $875,000. Hackett represented both the seller, estate of Raymond Pawloski, and the buyer.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,