Cignature Realty closes $7.3 million sale of 49-unit multifamily

October 05, 2021 - Front Section
Lazer Sternhell

 

Peter Vanderpool

 

New York, NY Cignature Realty facilitated the sale of a 6-story multifamily elevator building for $7.275 million. The property, 655 East 228th St., has a total of 49 residential units and is located between Carpenter Ave. and Lowerre Pl. in Wakefield.

The 47,412 s/f building sold for approximately $153 per s/f.

Cignature Realty’s Lazer Sternhell and Peter Vanderpool represented both the buyer and the seller in this transaction.

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