Peretz Lubin Sells Multifamily Property At 177-179 Pine Street In Jersey City For $3.775M

The transaction involved a multifamily property located at 177-179 Pine Street in Jersey City. The seller, Peretz Lubin, successfully transacted the asset at a sale price of $3,775,000. The property comprises 4 units and covers a total square footage of 5,250 with a price per unit of $943,750 and a price per square foot of $719.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,775,000
• Units: 4
• Square Footage: 5,250
• Price Per Unit: $943,750
• Price Per Square Foot: $719
• Market: Jersey City
• Seller: Peretz Lubin
• Broker: Alena Ciccarelli - Christie's International Real Estate

Alena Ciccarelli represented the seller in this transaction, noting the achievement of the highest condo sale in the Bergen-Lafayette section of Jersey City. She expressed her pride in working on the project from concept to closing, highlighting the successful sale of all four units.