Yaakob Einhorn Acquires Multifamily In Asbury Park For $5.9M

The property involved in the transaction is a multifamily asset located at 1215 Springwood Avenue and 1266 Washington Avenue in Asbury Park. The property consists of 49 units, with a sale price of $5,925,000. The price per unit (PPU) is approximately $120,918.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,925,000
• Units: 49
• Price per Unit (PPU): $120,918
• Buyer: Yaakob Einhorn
• Seller: Lav Bauta
• Brokers: Daniel Lanni & Joe Keenan - Kislak Company

Yaakob Einhorn acted as the buyer in this transaction, while Lav Bauta was the seller. The deal was facilitated by Daniel Lanni and Joe Keenan from Kislak Company, who represented the parties involved.