Michael Todaro Of Michael Properties Represents Buyer In $1.1M Mixed-Use Sale In Paterson

752-758 Belmont Avenue in Paterson is a mixed-use property that consists of 8 residential apartments and 1 commercial unit. The property has a sale price of $1.1 million, equating to a price per unit of $122,222. All units are equipped with separate utilities, and the tenants currently have month-to-month leases.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,100,000
• Units: 9
• Price Per Unit: $122,222
• Buyer's Representative: Michael Todaro - Michael Properties
• Seller's Representative: Kristina Hajhassan - Re/Max Select

Michael Todaro from Michael Properties represented the buyer in this transaction, while Kristina Hajhassan from Re/Max Select acted as the seller's representative. The deal was finalized on July 22, 2024.