CBRE-Albany sells Wade Lupe Apartment complex for $8.25 million
John MacAffer, Dan Simpson, CCIM and Ann
MacAffer, CCIM of CBRE-Albany have sold the Wade Lupe Towers and Garden Apartment Complex, a ten building, 208-unit complex on Queens Blvd.
The apartment complex sits on 10.96 acres and abuts the Stadium Golf Club. The property transferred from Wade Lupe Towers LLC to Wade Estates, LLC for $8.25 million.
CBRE-Albany is an affiliate office of CBRE Group, Inc. CBRE is a Fortune 500 and S&P 500 company headquartered in Los Angeles.
With over 29,000 employees, the company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate and partner offices). CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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