112-114 Smith Street LLC Acquires Mixed-Use Property In Perth Amboy For $2.98M

A mixed-use property located at 112-114 Smith Street in Perth Amboy was successfully sold for $2,980,000. The property spans a total of 13,600 square feet, translating to a price per square foot of $219. The asset is fully occupied, contributing to its appeal in the downtown area of Perth Amboy.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,980,000
• Square Footage: 13,600
• Price Per Square Foot: $219
• Buyer: 112-114 Smith Street LLC
• Seller: 112 Smith Street Realty Trust
• Brokers: Brent Hyldahl & Alan Cafiero - Marcus & Millichap
• Market: Perth Amboy

Brent Hyldahl and Alan Cafiero from Marcus & Millichap represented the seller, 112 Smith Street Realty Trust, and facilitated the transaction with the buyer, 112-114 Smith Street LLC. Their involvement was crucial in navigating the sale process of this mixed-use asset.