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

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.