Prominent Properties Sotheby's Intl Realty-Hoboken Acquires Multifamily Property In Fort Lee, NJ For $1.45M

The multifamily property located at 1563 Ann St in Fort Lee, NJ was recently sold for $1,450,000. The transaction took place on 05/28/2021, with a buyer's representative from Prominent Properties Sotheby's International Realty-Hoboken, T. Courtenay Batcha, and a seller's representative from Realty International Inc., John Kao. The property consists of 2 units, with a price per unit (PPU) of $725,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,450,000
• Units: 2
• Price Per Unit (PPU): $725,000
• Date: 05/28/2021
• Address: 1563 Ann St, Fort Lee, NJ
• Buyer's Representative: T. Courtenay Batcha - Prominent Properties Sotheby's International Realty-Hoboken
• Seller's Representative: John Kao - Realty International Inc.

T. Courtenay Batcha from Prominent Properties Sotheby's International Realty-Hoboken acted as the buyer's representative in this transaction. John Kao from Realty International Inc. represented the seller. The sale of this multifamily property in Fort Lee, NJ is a notable transaction in the market.