Manhattan firm buys 77 Larchmont condo units for $43.5M

Manhattan firm Northeast Property Owner Inc., which has ties to Australian investment bank Macquarie Group, bought 77 units in Larchmont’s The Cambium for $43.5 million. Northeast spent about $565,044 on each unit and already sold one unit for $1.3 million to a local couple, the Westchester Business Journal reported. The 8-story, 147-unit building at 10 Byron Place is located near the Metro-North Larchmont station and Interstate 95. Cushman Wakefield’s Kevin Donner, David Bernhaut, Ryan Dowd, Gary Gabriel, Andrew Merin, Brian Whitmer and Adam Spies handled the multiple unit sale to Northeast. [WBJ]