Arie Wilensky Acquires Retail Property In East Orange For $2.9M

Located at 325 Central Ave in East Orange, this retail property was recently sold in a closed transaction. The property spans 12,682 square feet and is situated in a bustling market.

Summary of Transaction Details:

• Property Type: Retail
• Sale Price: $2,900,000
• Price per Square Foot: $229
• Cap Rate: 7.4%
• Buyer: Arie Wilensky
• Seller: East Orange Retail Holdings, LLC
• Broker: Mario Brunelli - R.J. Brunelli & Co., LLC

The deal was facilitated by Mario Brunelli of R.J. Brunelli & Co., LLC, who represented both the buyer and the seller in the transaction. Mario's expertise in the East Orange market contributed to the successful sale of this retail property.