Andrew Scheinerman Of Kislak Brokers $38.5M Sale Of 88-Unit Multifamily In Hackensack

The multifamily property located at 22 Sussex St in Hackensack was recently sold in a transaction facilitated by Andrew Scheinerman of Kislak. The sale, which took place on April 29, 2022, had a total sale price of $38,500,000. The property consists of 88 units, resulting in a price per unit (PPU) of $437,500.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $38,500,000
• Units: 88
• Price per Unit (PPU): $437,500

Andrew Scheinerman of Kislak served as the broker in this transaction, representing the parties involved. The sale of this multifamily property in Hackensack marks a significant milestone in the real estate market, highlighting the value and demand for properties in the area.