Paragon Partners Acquires Retail Property In West New York, NJ For $2.5M

The property asset involved in the transaction is a retail space located at 6003 Bergenline Ave., in West New York, NJ. The transaction was completed at a sale price of $2,500,000, with a total square footage of 5,000, resulting in a price per square foot of $500.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,500,000
• Buyer: Paragon Partners - Chaim Berkovic
• Seller: ALK Property
• Square Footage: 5,000
• Price per Square Foot: $500

Chaim Berkovic represents Paragon Partners in this transaction, while ALK Property is noted as the seller of the retail space. This transaction reflects the ongoing activity in the West New York market.