REBusinessOnline

502-UNIT APARTMENT COMMUNITY TRADES

WHITE PLAINS, N.Y. — CB Richard Ellis (CBRE) has brokered the sale of a 502-unit luxury apartment community in White Plains. Bank Street Commons is located downtown, adjacent to the White Plains Metro-North train station. It consists of connected 21- and 22-story towers along with a 500-space parking garage and ground-floor retail space. The units consist of one- and two-bedroom residences averaging 907 square feet in size. Jeffrey Dunne and Christopher Leonard of CBRE's New York Institutional Group represented the seller, an institutional entity. The buyer was an institutional investor.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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