Watkins and Algarin of The Oak & Avery Group sell 48-unit multifamily for $8 million

Pleasant Valley, NY The Oak & Avery Group negotiated the sale of Pleasant Valley Estates, a 48-unit multifamily complex.

Anthony Watkins, president, and David Algarin, vice president, represented the seller and the buyer in the $8 million all-cash transaction.

This is the second time the asset has sold within the last 12 months, with the last recorded sales price of $6.8 million. The buyer purchased the property via a 1031 exchange.

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