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Midtown house changes hands for $6.3 million

Posted On: 03-10-2015

Brian D. and Andrea B. Kosoy have sold their five-bedroom, Mediterranean-style house at 437 Chilean Ave. for $6.3 million, according to the price recorded today with the deed.

The buyer was Wray-Cerasoli Associates LLP, a Delaware-registered limited liability partnership with an address in Shelter Island, N.Y., according to the deed.

That partnership is likely affiliated with Franklin Cerasoli and Charlotte Wray, who are linked in property records to the Shelter Island address.

Broker Christian Angle of Christian Angle Real Estate had the Midtown house listed at just under $7 million since last August, according to records in the Palm Beach Board of Realtors Multiple Listing Service.

Agents Paulette Koch and Dana Koch of the Corcoran Group were on the buyer’s side.

Built in 2002, the house has 5,250 square feet of living space, inside and out.

Brian Kosoy is managing principal, president and chief executive officer of Sterling Organization, a private-equity real estate firm that specializes in retail shopping centers and related developments. The company is headquartered in Royal Poinciana Plaza, which it formerly managed.


Source: March 10, 2015, Palm Beach Daily News

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