Nelson and Lala of Massey Knakal Realty Services represent seller in $2.7 million sale

A three-story, walk-up apartment building with 11 residential units and two commercial units at 16 Hall Place was sold by Massey Knakal Realty Services in an all-cash transaction valued at $2.7 million. The property is located on Hillside Place between Fisher Ave. and White Plains Rd. It contains a 3,800 s/f garage. The building has been managed with many system and structural upgrades including new mailboxes and storefronts. The property contains 16,000 s/f. The building sold for $168.75 per s/f to a Westchester investor. Massey Knakal managing directors/partners James Nelson and Marco Lala represented the seller. Eric Goldschmidt of Goldschmidt & Associates and Pat Forgione represented the buyer.