Isaac Sebbag Acquires Multifamily Property In Jersey City For $3.4M

The multifamily property located at 995 Summit Avenue, Jersey City, was sold in a transaction involving the buyer, Isaac Sebbag of Golden Sky Equities, and the seller, Ted Bielenda. The sale price for this property was $3,400,000. The asset comprises 24 units with a price per unit of $141,667. The total square footage of the property is 14,252, with a price per square foot of $239.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,400,000
• Units: 24
• Price Per Unit: $141,667
• Square Footage: 14,252
• Price Per Square Foot: $239
• Address: 995 Summit Avenue, Jersey City
• Market: Jersey City

Isaac Sebbag, representing Golden Sky Equities, continues to focus on acquiring value-add multifamily properties in New Jersey. The buyer's pursuit of such properties is evident in this recent transaction with Ted Bielenda as the seller. For more information, interested parties can visit Golden Sky Equities' website at goldenskyequities.com.