Don Baxter & Danny Handweiler Acquire Union City, West New York & Jersey City Package Deal For $11.1M

In a recent property transaction, a package deal consisting of three properties located at 1300-1306 Palisade Avenue, Union City; 6112-6114 Palisade Avenue, West New York; and 128 St. Pauls Avenue, Jersey City, was sold for a total price of $11,100,000. These properties offer a combined total of 66 units, with an average price per unit of $168,182.

Summary of transaction details:

• Property Type: Package Deal
• Transaction Amount: $11,100,000
• Units: 66
• Price per Unit: $168,182
• Market: Union City, West New York, and Jersey City

The sale included 44 units at 1300-1306 Palisade Avenue, Union City, which were sold for $6,150,000. Additionally, 16 units at 6112-6114 Palisade Avenue, West New York, were sold for $3,850,000. Lastly, 6 units located at 128 St. Pauls Avenue, Jersey City, were included in the deal for $1,100,000.