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

Property Image
SOLD
$3,400,000

New Jersey

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MultiFamily14,252 SF
Sold 03/27/2024
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Property Image
SOLD

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

995 Summit Avenue

See Similar Deals
MultiFamily14,252 SF
Sold 03/27/2024

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$238
Total Square Footage:14,252 SF
Transaction Type:Sale

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.

Details

SOLD
IMAGE: Isaac Sebbag DATE: 03/27/2024 ADDRESS: 995 Summit Avenue MARKET: Jersey City ASSET TYPE: Multifamily BUYER: Isaac Sebbag (@Goldcoastlivingnj) - Golden Sky Equities (@GoldenSkyLiving) SELLER: Ted Bielenda SALE PRICE: $3,400,000 UNITS: 24 ~ PPU: $141,667 SF: 14,252 ~ PPSF: $239 NOTE FROM BUYER: Golden Sky Equities continues in its pursuit of value add Multi Family properties across New Jersey. Website: goldenskyequities.com

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