Shaun Gupta Acquires 70-Unit Multifamily Property In Bayonne For $6.1M

The multifamily property located at 90 Avenue East in Bayonne, NJ has been sold for a total of $6,125,000. The property consists of 70 units, with a price per unit of $87,500. The total square footage of the property is 95,332, with a price per square foot of $64. The transaction took place on 12/13/2023.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,125,000
• Units: 70
• Price per Unit: $87,500
• Square Footage: 95,332
• Price per Square Foot: $64
• Date: 12/13/2023
• Address: 90 Avenue East, Bayonne, NJ

The buyer in this transaction is Shaun Gupta, while the seller is Noah Friedman from EOM Realty. The deal was facilitated by brokers Fahri Ozturk, Richard Gatto, and Zachary McHale from CBRE.