Acee of Cushman & Wakefield | Pyramid Brokerage Company sells former Dewitt Clinton School in Rome, NY

The former Dewitt Clinton School located at 423 Ann Street, Rome, NY was recently sold. DePaul Properties Inc. purchased the 43,380 ± SF building situated on 3.7 ± acres from Rome NY Property Corp. in July 2017. DePaul Properties Inc. plans to redevelop the building into a 60 unit apartment complex for families earning $37,500 a year. The demolition process should start spring of 2018 and the project completed by 2020. Debra Acee of Cushman & Wakefield | Pyramid Brokerage Company exclusively represented the marketing of the property and facilitated the sale on behalf of the Seller.