Harken Company Acquires Multifamily Asset At 7 Franklin Avenue For $1,615,000 With Dennis Giammetta As Buyer's Representative

The property asset involved in the transaction is a multifamily unit located at 7 Franklin Avenue in the Harrison market. The sale price was $1,615,000 for a total of 6 units. The overall square footage of the property measures 5,880, resulting in a price per unit of approximately $269,166 and a price per square foot of $274.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,615,000
• Address: 7 Franklin Avenue
• Market: Harrison
• Units: 6
• Price per Unit: $269,166
• Square Footage: 5,880
• Price per Square Foot: $274
• Buyer: Harken Company
• Seller: Blanche Mustilli
• Buyer's Representative: Dennis Giammetta - Newmark Associates

The transaction features Harken Company as the buyer and Blanche Mustilli as the seller, facilitated through the representation of Dennis Giammetta from Newmark Associates. This team played a crucial role in the successful closure of the deal on July 1, 2026.