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908 Kennedy Blvd

Updated Aug 21, 2026

Chaim Perl Purchases Multifamily Property From Michael Bianco In Union City For $1,150,000
SOLDMultiFamily

Chaim Perl Purchases Multifamily Property From Michael Bianco In Union City For $1,150,000

908 Kennedy Blvd

$1,150,000

$171/SF

Building Size

6,719 SF

Asset Type

MultiFamily

Closing

Feb 4, 2020

About this deal

AI

The property involved in this transaction is a MultiFamily asset located at 908 Kennedy Blvd in Union City. The sale price for this asset was $1,150,000.00, and it encompasses a total square footage of 6,719.0.

Summary of transaction details:

Chaim Perl is identified as the buyer in this transaction, while the seller is Michael Bianco. The deal was brokered by Steven Matovski representing Redwood Realty Advisors.

Players

Steven Matovski

Redwood Realty Advisors

Broker

$133.8M

vol

40 deals

Broker

Chaim Perl

Buyer
Buyer

Michael Bianco

Seller
Seller

Union City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $171 per square foot on a published $1.2M for 6,719 square feet (2020).

Visit Steven Matovski to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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