Joseph Gehler & David Betesh Facilitate $19.8M Sale Of Multifamily Property In Leonia

The multifamily property located at 159 Fort Lee Road in Leonia was sold by Fairlawn Co for $19,800,000. The asset consists of 80 units, with a per unit price of $247,500.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $19,800,000
• Units: 80
• Price Per Unit: $247,500
• Address: 159 Fort Lee Road
• Market: Leonia

Joseph Gehler and David Betesh from Gebroe-Hammer Associates represented both the seller, Fairlawn Co, in the transaction.