News: Brokerage

Sternhell and Vanderpool of Cignature Realty handle $6.8 million sale of Staten Island multifamily complex

Staten Island, NY Cignature Realty closed the $6.8 million sale of 454-484 Van Duzer St., a multifamily apartment complex.

The subject is comprised of three, two-story garden-style buildings with a total of 64 residential units. The property is located between Smith Terr. and Stone St. in the Stapleton neighborhood.

The 40,800 s/f building with an additional 4,938 s/f of air rights sold for $166 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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