CBRE Represents Sellers In $6.575M MultiFamily Sales In West New York And Bayonne

The transaction involves the sale of two multi-family residential buildings located at 440 60th Street in West New York and 38-40 Kelly Parkway in Bayonne, NJ. The total sale price for both properties amounted to $6,575,000, with 440 60th Street selling for $2.925 million and 38-40 Kelly Parkway for $3.65 million, comprising a total of 20 residential units.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $6,575,000
• Address: 440 60th Street, West New York, NJ
• Address: 38-40 Kelly Parkway, Bayonne, NJ
• Market: West New York & Bayonne, NJ
• Brokers: Fahri Ozturk, Richard Gatto, Tracy Trank & Zachary (Zach) McHale - CBRE

CBRE arranged the sale and represented the sellers while also procuring undisclosed buyers for both properties. The team involved in this transaction included Fahri Ozturk, Richard Gatto, Tracy Trank, and Zach McHale, highlighting the collaborative efforts within the brokerage to successfully conclude the deals.