Institutional Property Advisors Negotiates Suburban New York City Multifamily Asset Sale
August 06, 2026
PLEASANTVILLE, N.Y., Aug. 6, 2026 –Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced today that Eric Pentore and Victor Nolletti of IPA brokered the sale of The Atwood, a 71-unit apartment asset in Pleasantville, New York.
“The Atwood is a truly unique boutique Class A apartment community in Downtown Pleasantville, one of Westchester County’s most supply-constrained and highest-barrier-to-entry rental markets,” said Pentore, IPA senior managing director investments. “Over the past two decades, fewer than 250 units have been delivered in Pleasantville.” Pentore, Nolletti and Westley Klockner, in association with John Horowitz, Marcus & Millichap’s broker of record in New York, represented the seller and procured the buyer.
The property is in Downtown Pleasantville, a short walk from the Pleasantville Train Station, which provides rail service to Grand Central Terminal in Midtown Manhattan in less than an hour. The nearby Sawmill River Parkway provides residents with easy access to surrounding towns and Southern Westchester County. Shopping and entertainment are close by at the Rose Hill Shopping Center, the Arcadian Shopping Center, and the Palisades Center.
Completed in 2023, The Atwood has a fitness studio with a steam room and sauna, community lounge, and a rooftop entertainment terrace with built-in grills, TVs, and fire pits. Apartment homes feature open-concept floor plans, oversized windows, in-unit washers and dryers, and select residences include walk-in closets with custom built-in shelving. The property’s average unit size is approximately 774 square feet.
“The Atwood is a truly unique boutique Class A apartment community in Downtown Pleasantville, one of Westchester County’s most supply-constrained and highest-barrier-to-entry rental markets,” said Pentore, IPA senior managing director investments. “Over the past two decades, fewer than 250 units have been delivered in Pleasantville.” Pentore, Nolletti and Westley Klockner, in association with John Horowitz, Marcus & Millichap’s broker of record in New York, represented the seller and procured the buyer.
The property is in Downtown Pleasantville, a short walk from the Pleasantville Train Station, which provides rail service to Grand Central Terminal in Midtown Manhattan in less than an hour. The nearby Sawmill River Parkway provides residents with easy access to surrounding towns and Southern Westchester County. Shopping and entertainment are close by at the Rose Hill Shopping Center, the Arcadian Shopping Center, and the Palisades Center.
Completed in 2023, The Atwood has a fitness studio with a steam room and sauna, community lounge, and a rooftop entertainment terrace with built-in grills, TVs, and fire pits. Apartment homes feature open-concept floor plans, oversized windows, in-unit washers and dryers, and select residences include walk-in closets with custom built-in shelving. The property’s average unit size is approximately 774 square feet.
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About Institutional Property Advisors (IPA)
Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com.