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160 Vroom Street
SOLD

CBRE Assists In $8.15M Acquisition Of Multifamily Property On Vroom Street, Jersey City

160 Vroom Street

MultiFamily
clock iconSold 189 days ago
Zachary (Zach) McHale
Richard Gatto
Fahri Ozturk
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Summary

Sale
NEW JERSEY
MultiFamily

A 41-unit multifamily property located at 160 Vroom Street in Jersey City has been sold for $8.15 million. The building is well-known for its convenient location near the Journal Square PATH station and offers one and two-bedroom apartments, as well as on-site laundry facilities.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $8,150,000
  • Address: 160 Vroom Street
  • Market: Jersey City
  • Units: 41
  • Price Per Unit (PPU): $198,780

CBRE, represented by Fahri Ozturk, Richard Gatto, and Zachary McHale, assisted in the sale of this property. The transaction was completed with the involvement of a private investment group.

Players

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    4

  • Agents

    3

  • Agencies

    1

Zachary (Zach) McHale's profile picture
Zachary (Zach) McHale
CBRE-image
Vice President
$649.7M Sold
Fahri Ozturk's profile picture

Details

Deal Summary
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SOLD
IMAGE: Fahri Ozturk, Richard Gatto & Zachary McHale DATE: 10/31/2023 ADDRESS: 160 Vroom Street MARKET: Jersey City ASSET TYPE: Multifamily BROKERS: Fahri Ozturk, Richard Gatto & Zachary McHale (@Zach_McHale) - CBRE (@CBRE) SALE PRICE: $8,150,000 UNITS: 41 ~ PPU: $198,780 NOTE: CBRE assisted in the $8.15 million sale of a 41-unit multifamily property at 160 Vroom St. in Jersey City. A private investment group acquired the building, known for its convenient location near the Journal Square PATH station, with the property offering one and two-bedroom apartments and on-site laundry facilities.

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Address160 Vroom Street

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