66 Olympic Terrace Sold In Irvington With David Jarvis Of Gebroe-Hammer Associates As Seller's Rep

A 119-unit portfolio has been sold in Essex County for $16.55 million. The sale includes properties located at 66 Olympic Terrace in Irvington, NJ. The total square footage of the properties involved in this transaction is not specified. This transaction is part of a larger market activity in Irvington, which is seeing a notable interest in multifamily investments.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $16.55 million
• Address: 66 Olympic Terrace, Irvington, NJ
• Seller's Representative: David Jarvis - Gebroe-Hammer Associates
• Buyer: Undisclosed
• Market: Irvington

David Jarvis from Gebroe-Hammer Associates represented the seller in this transaction, successfully procuring an undisclosed buyer for this multifamily property. The brokerage firm is recognized for facilitating multiple transactions across Northern and Central New Jersey, highlighting a trend of increasing stability within the multifamily sector despite economic shifts.