Armagno Agency Inc Acquires Multifamily Property In Jersey City For $1.25M

The multifamily property located at 255 5th St in Jersey City has been sold. The sale was facilitated by brokers Philip Rivo and Oksana Yaremchuk from Armagno Agency Inc. The transaction took place on March 25, 2021, with a selling price of $1,250,000. The property consists of two units, resulting in a price per unit of $625,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,250,000
• Address: 255 5th St, Jersey City
• Market: Jersey City
• Brokers: Philip Rivo & Oksana Yaremchuk - Armagno Agency Inc
• Units: 2
• Price per Unit: $625,000

This sale represents a successful transaction in the multifamily market in Jersey City. Philip Rivo and Oksana Yaremchuk, representing Armagno Agency Inc, played a crucial role in facilitating the deal. The sale price of $1,250,000 reflects the value and potential of the property. With a total of two units, each priced at $625,000, this transaction demonstrates the demand for multifamily properties in Jersey City.