Fahri Ozturk, Richard Gatto, And David Ferber Acquire Multifamily Property In Jersey City For $12M
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This MultiFamily property located in NJ was sold for $12,000,000 about 3 years ago. The brokers of the deal were David Ferber, Fahri Ozturk, and Richard Gatto
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- Location111 Garrison Avenue, Jersey City, NJ, USA
- Sale Price$12,000,000$1,599 PPSF
- Area7,501 SF
- Asset TypeMultiFamily
- Parties3 Brokers, 2 Agencies
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Deal Summary
SALE
IMAGE: Fahri Ozturk, Richard Gatto, David Ferber, CPA
DATE: 03/05/2021
ADDRESS: 109-111 Garrison Ave & 64-70 Baldwin Ave
MARKET: Jersey City
ASSET TYPE: Multifamily
BROKERS: Fahri Ozturk, Richard Gatto (@OzturkGattoGroup), David Ferber - CPA
SALE PRICE: $12,000,000
UNITS: 82 ~ PPU: $146,341
CAP RATE: 2.30%
OCCUPANCY AT SALE: 50%
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109-111 Garrison Ave & 64-70 Baldwin Ave
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