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Harry Orphan Of Orphan Family Acquires Retail Property From Morris Srour For $3.8M

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SOLD
$3,800,000

New Jersey

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Retail10,000 SF
Sold 03/05/2026
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Property Image
SOLD

Harry Orphan Of Orphan Family Acquires Retail Property From Morris Srour For $3.8M

2840 John F Kennedy Boulevard

See Similar Deals
Retail10,000 SF
Sold 03/05/2026
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$380
Total Square Footage:10,000 SF
Transaction Type:Sale

The property asset involved in the transaction is a retail space located at 2840 John F Kennedy Boulevard in Jersey City. The asking price was set at $4,000,000, and the sale price concluded at $3,800,000. The asset encompasses a total square footage of 10,000, resulting in a price per square foot of $380.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $3,800,000
  • Address: 2840 John F Kennedy Boulevard
  • Market: Jersey City
  • Asking Price: $4,000,000
  • Square Footage: 10,000
  • Price Per Square Foot: $380
  • Buyer: Harry Orphan - Orphan Family
  • Seller: Morris Srour
  • Brokers: Yanni Marmarou & Jack Drillock - Investment Property Realty Group (IPRG)

The key individuals involved in the deal include Harry Orphan representing the Orphan Family as the buyer, and Morris Srour as the seller. The transaction was facilitated by brokers Yanni Marmarou and Jack Drillock, who operate under the Investment Property Realty Group (IPRG). Their roles were crucial in bringing the parties together for this retail property sale.

Players

Yanni Marmarou
36 deals$150.8M volume(718) 360-5059
BROKER

Jack Drillock
Investment Property Realty Group (IPRG)
19 deals$99.2M volume(718) 360-5432
BROKER

Details

SOLD
IMAGE: Yanni Marmarou & Jack Drillock DATE: 03/05/2026 ADDRESS: 2840 John F Kennedy Boulevard MARKET: Jersey City ASSET TYPE: Retail BUYER: Harry Orphan - Orphan Family SELLER: Morris Srour BROKERS: Yanni Marmarou (@ThatBrokerYanni) & Jack Drillock (@JDrills21) - Investment Property Realty Group (IPRG) (@IPRG_NY) ASKING PRICE: $4,000,000 SALE PRICE: $3,800,000 SF: 10,000 ~ PPSF: $380

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$13,500.59
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