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Press Release – Cignature Realty Closes $7.3 Million Wakefield Sale

New York, NY – September, 15 2021 – Cignature Realty facilitated the sale of a 6-story multifamily elevator building for $7,275,000. The property, 655 East 228th Street, has a total of 49 residential units and is located between Carpenter Avenue and Lowerre Place in Wakefield.

The 47,412 square foot building sold for approximately $153 per square foot.

Cignature Realty’s Lazer Sternhell and Peter Vanderpool represented both the buyer and the seller in this transaction.


About Cignature Realty Associates Inc

Cignature Realty is a commercial real estate brokerage company located in New York City. The Company, a leader in New York Metro multifamily and mixed-use apartment building sales, provides unparalleled deal execution supported by exceptional market intelligence for a broad range of real estate investors, from single-property owners to institutional and private equity funds.

The Cignature Realty team has closed hundreds of commercial real estate transactions and has accumulated multiple awards recognizing their achievements and contributions to the New York real estate industry.

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212 519-9875


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