SOLD
Golden Sky Equities Acquires 53-Unit Multifamily Portfolio In Middlesex County For $9.72M
7-11 Byron Street, 154-172 MacArthur Avenue & 355 Plainfield Avenue
MultiFamily
Sold 295 days ago
Summary
Sale
NEW JERSEY
MultiFamily
An off-market sale of a three-property multifamily portfolio in Middlesex County, comprising 7-11 Byron Street, 154-172 MacArthur Avenue, and 355 Plainfield Avenue, has been arranged by Gebroe-Hammer Associates for a total transaction amount of $9.72 million. The portfolio consists of 53 units, with an average per unit price of $183,396. Golden Sky Equities is the buyer in this transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,720,000
- Units: 53
- Price Per Unit: $183,396
The buyer, Golden Sky Equities, has acquired this multifamily portfolio in Middlesex County. The off-market sale was facilitated by Gebroe-Hammer Associates, with the transaction brokered by Joseph Brecher and Joseph Gehler. This deal showcases the expertise and professionalism of the brokers in successfully connecting buyers and sellers in the real estate market.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Joseph Brecher & Joseph Gehler
DATE: 07/13/2023
ADDRESS: 7-11 Byron Street, 154-172 MacArthur Avenue & 355 Plainfield Avenue
MARKET: Carteret, Sayreville & Edison
ASSET TYPE: Multifamily
BUYER: Golden Sky Equities (@GoldenSkyEquities)
BROKERS: Joseph Brecher & Joseph Gehler - Gebroe-Hammer Associates
SALE PRICE: $9,720,000
UNITS: 53 ~ PPU: $183,396
NOTE: Gebroe-Hammer Associates arranged the off-market sale of a three-property multifamily portfolio in Middlesex County for $9.72 million. The 53-unit transaction was brokered by Joseph Brecher and Joseph Gehler, with Golden Sky Equities as the buyer.View on map
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Address7-11 Byron Street, 154-172 MacArthur Avenue & 355 Plainfield Avenue
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