Kyle & Katie Freedman Purchase Union City Multifamily At 516 9th Street For $650,000

The multifamily property located at 516 9th Street in Union City, NJ, was recently sold in a transaction involving Kyle Freedman & Katie Freedman as the buyers and Stephen Olsen as the seller. The deal was facilitated by broker Michael Gonnelli from Re/Max. The property, consisting of 4 units with a total square footage of 2,208, was sold for $650,000, translating to a price per unit of $162,500 and a price per square foot of $294.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $650,000
• Units: 4
• Price Per Unit: $162,500
• Square Footage: 2,208
• Price Per Square Foot: $294
• Address: 516 9th Street
• Market: Union City, NJ

Kyle Freedman and Katie Freedman were the buyers in this property transaction, while Stephen Olsen served as the seller. Facilitating the deal was Michael Gonnelli from Re/Max, representing the parties involved in the sale of this multifamily asset.