Westchester MF Complex Bought by Unppg Management for $14M

Unppg Management, a New York-based private owner-operator of multifamily and healthcare properties, recently acquired an 82-unit rental property in Croton-On-Hudson, Westchester County for $14.4 million. The rent stabilized buildings offer one and two bedroom units spanning 114,711 square feet across three three story buildings on a 4.6 acre land parcel located at 31 Old Post Road. As part of the deal Unppg assumed an $11.2 million Fannie Mae loan with a 3.76% interest rate from View Living who was represented by Rosewood Realty Group’s Aaron Jungreis and Joe Brecher of Gebroe Hammer Associates during the transaction process..