Gebroe-Hammer Facilitates $6.3M Sale of Apartment Community in Ramapo, New York
RAMAPO, N.Y. — Gebroe-Hammer Associates has arranged the sale of Suburban Manor, a garden-style apartment community located at 214-226 Old Nyack Turnpike in Ramapo. Suburban Manor LLC acquired the property, along with a four-acre development site, from Ramapo Knolls for $6.3 million. The four-building property features 53 apartment units in a mix of studio, one- and two-bedroom layouts. David Oropeza and Debbie Pomerantz of Gebroe-Hammer arranged the transaction.