Tuli Realty Acquires Multifamily Asset From SYM Investments In Jersey City For $21.93M

The property asset involved in the transaction is a multifamily building located at 280 Fairmount Avenue, Jersey City, NJ. The sale price was $21,925,000, with a total square footage of 37,820, resulting in a price per square foot of $579.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,925,000
• Address: 280 Fairmount Avenue
• Market: Jersey City, NJ
• Square Footage: 37,820
• Price per Square Foot: $579
• Buyer: Tuli Realty
• Seller: SYM Investments
• Broker Representatives: Jonathan Brody & Michael Schattner - Base Realty Group

The transaction involves Tuli Realty as the buyer and SYM Investments as the seller, with Jonathan Brody and Michael Schattner representing the seller through Base Realty Group during the deal. Their involvement has been pivotal in facilitating this multifamily asset transaction.