Updated Aug 21, 2026
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:
- Property Type: MultiFamily
- Transaction Amount: $1,150,000.00
- Address: 908 Kennedy Blvd
- Market: Union City
- Square Footage: 6,719.0
- Buyer: Chaim Perl
- Seller: Michael Bianco
- Broker: Steven Matovski - Redwood Realty Advisors
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
Union City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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