Steven Geibtuch Purchases 6 Unit Multi Family At 1 4th Street Passaic For $1.3M

This transaction involves a 6 Unit Multi Family property located at 1 4th Street in the Passaic market. The sale price was $1,300,000, with an approximate price per unit of $216,667. The total square footage of the asset is 5,000, resulting in a price per square foot of $260.

Summary of transaction details:

• Property Type: Multi Family
• Transaction Amount: $1,300,000
• Units: 6
• Price Per Unit: $216,667
• Square Footage: 5,000
• Price Per Square Foot: $260
• Buyer: Steven Geibtuch
• Seller: Vincent Saruo
• Broker Representatives: Joseph Spinella - KW Commercial; Cole Malinowski & Devin Foderaro - Keller Williams Realty; Henry Eisenstein - EXP Realty

The transaction involved key individuals from multiple brokerage firms. Joseph Spinella represented the seller through KW Commercial, while Cole Malinowski and Devin Foderaro facilitated the deal on behalf of Keller Williams Realty. Henry Eisenstein, representing EXP Realty, was also involved in the transaction as a broker representing one of the parties.