Keller Williams Acquires Union City Multifamily For $4.3M | 703A-707 28th Street | Gershon Adjaye, Emine Simsek | MultiFamily | Sale

Summary

Sale

NEW JERSEY

MultiFamily

202,400 sqft

A newly constructed multifamily property located at 703A-707 28th St in Union City has been sold in a closed transaction. The property, completed in November 2021, is fully stabilized and was sold 100% occupied with free market rents. The transaction was an all-cash sale.

Summary of Transaction Details:

Property Type: Multifamily
Sale Date: 04/13/2022
Address: 703A-707 28th St, Union City
Market: Union City
Asking Price: $4,695,000
Sale Price: $4,300,000
Units: 9
Price Per Unit (PPU): $477,778
Square Footage (SF): 22,404
Price Per Square Foot (PPSF): $191

In this transaction, Emine Simsek from Keller Williams West Monmouth represented the buyer, while Gershon Adjaye from Keller Williams Team Realty represented the seller.

Players

All
3

Agents
2
Agencies
1

Gershon Adjaye

Licensed Real Estate Salesperson

$29.1M Sold

Emine Simsek

Real Estate Agent

$4.3M Sold

Keller Williams

Details

Deal Summary

SOLD

IMAGE: Gershon Adjaye DATE: 04/13/2022 ADDRESS: 703A-707 28th St MARKET: Union City ASSET TYPE: Multifamily BUYER'S REP: Emine Simsek - Keller Williams West Monmouth SELLER'S REP: Gershon Adjaye (@GershGroup) - Keller Williams Team Realty ASKING PRICE: $4,695,000 SALE PRICE: $4,300,000 UNITS: 9 ~ PPU: $477,778 SF: 22,404 ~ PPSF: $191 NOTE FROM BROKER: New construction building completed Nov 2021, fully stabilized, & then sold 100% occupied. Free market rents. All cash sale.

View on map

Address703A-707 28th Street

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want