GID sold the Windsor at The Gramercy, a 260-unit multifamily community in White Plains, NY to Friedkin Property Group for $113 million.

Built in 2003, Windsor at The Gramercy is an eight-story Class-A multifamily community located adjacent to the White Plains CBD, next to Harvey Turnure Memorial Park. Amenities include a resident lounge with a fireplace, heated outdoor pool, fitness center, private dog park, billiards room and theatre room.

The property is walking distance to dozens of restaurants (including Serafina, BLT Steak, and Mulino's), The Westchester Mall (anchored by Neiman Marcus and Nordstrom), Whole Foods and Stop & Shop. It is less than one mile from the White Plains Metro North Train Station and Transportation Center with a 47-minute commute to Grand Central Terminal.

CBRE represented the seller while also procuring the buyer. Jeff Dunne, Eric Apfel, Jeremy Neuer, Stuart MacKenzie, and Zach McHale led the transaction.

 

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