CBRE Brokers $54M Sale of MultiFamily Property in Pomona, Rockland County

CBRE, a leading commercial real estate services and investment firm, has successfully brokered the sale of a MultiFamily property in Pomona, Rockland County, NY. The property, located at 1 Crystal Hill Drive, was sold for a total price of 54 million. With a total area of 1,253 square feet, the sale price equates to approximately 43,096 per square foot.

The buyer and seller involved in the transaction have not been disclosed. However, CBRE represented both parties in the deal, showcasing their expertise in facilitating complex real estate transactions.

1 Crystal Hill Drive is a prime MultiFamily property situated in Pomona, Rockland County. The property offers a range of amenities and features that make it an attractive investment opportunity. The location is highly desirable, with easy access to major highways and transportation options. The property is also in close proximity to various retail, dining, and entertainment options, adding to its appeal.

The MultiFamily property at 1 Crystal Hill Drive is well-maintained and offers a variety of unit types to cater to different tenant preferences. The property features spacious apartments with modern finishes, ample parking spaces, and well-manicured landscaping. Additionally, the property includes amenities such as a fitness center, swimming pool, and community spaces for residents to enjoy.

The sale of this MultiFamily property in Pomona, Rockland County, NY, demonstrates the strong demand for well-located and well-maintained residential properties in the area. The $54 million sale price reflects the desirability of the property and the potential for attractive returns on investment.

CBRE’s involvement in this transaction further solidifies their position as a leading brokerage firm in the commercial real estate market. Their ability to represent both the buyer and seller showcases their expertise in navigating complex deals and ensuring a successful outcome for all parties involved.

Overall, the sale of the MultiFamily property at 1 Crystal Hill Drive in Pomona, Rockland County, NY, highlights the continued strength of the residential real estate market in the area. With its desirable location, attractive amenities, and strong demand, the property presents a promising investment opportunity for the buyer. CBRE’s role in facilitating the transaction further reinforces their reputation as a trusted advisor in the commercial real estate industry.