Fahri Ozturk, Richard Gatto & Jed Matricaria Represent Irvington Multifamily Sale

Located at 128 S Durand Place in Irvington, NJ, this multifamily property was recently sold for $2,900,000. The transaction took place on 08/02/2021 and involved a total of 25 units, resulting in a price per unit of $116,000. The property boasts a PPU of $116,000 and a capitalization rate of 5.22%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,900,000
• Date: 08/02/2021
• Address: 128 S Durand Place, Irvington, NJ
• Market: Irvington, NJ
• Brokers: Richard Gatto, Fahri Ozturk, and Jed Matricaria
• Units: 25
• Price per Unit: $116,000
• Capitalization Rate: 5.22%

The deal was facilitated by the brokers Richard Gatto, Fahri Ozturk, and Jed Matricaria, who represented the parties involved in the transaction. Their expertise and negotiation skills played a vital role in the successful sale of the property.