Berkadia Brokers Sale Of Elizabeth Multifamily Property For $3 Million With 23 Units

The asset involved in the transaction is a multifamily property located in Elizabeth, featuring 23 units across 20,000 square feet. The sale price of the property was $3,000,000, with a price per square foot calculated at $150.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Square Footage: 20,000
• Price per Square Foot: $150
• Units: 23

The transaction was facilitated by brokers Nat Gambuzza, Trevor Fiebel, and Nick Balancia, representing Berkadia in the deal.