Fahri Ozturk, Richard Gatto & Jed Matricaria Represent Irvington Multifamily Sale
128 South Durand Place
MultiFamily
18,000 SF
18,000 SF
Sold 1 year ago
Summary
Located at 128 S Durand Place in Irvington, NJ, this multifamily property was recently sold for $2,900,000. The transaction took place on 08/02/2021 and involved a total of 25 units, resulting in a price per unit of $116,000. The property boasts a PPU of $116,000 and a capitalization rate of 5.22%.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Date: 08/02/2021
- Address: 128 S Durand Place, Irvington, NJ
- Market: Irvington, NJ
- Brokers: Richard Gatto, Fahri Ozturk, and Jed Matricaria
- Units: 25
- Price per Unit: $116,000
- Capitalization Rate: 5.22%
The deal was facilitated by the brokers Richard Gatto, Fahri Ozturk, and Jed Matricaria, who represented the parties involved in the transaction. Their expertise and negotiation skills played a vital role in the successful sale of the property.
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128 South Durand Place
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