JR City Properties Acquires Multifamily Property In Jersey City For $9.9M | 64-70 Baldwin Avenue & 107-111 Garrison Avenue | Kathy Anderson | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

7,500 sqft

Located in Jersey City, the multifamily property at 64-70 Baldwin Avenue and 107-111 Garrison Avenue has recently undergone an acquisition. The transaction, which took place on March 4, 2021, involved a loan provided by TriState Capital for an amount of $9,900,000. The property is owned by Judith Sciarra of JR City Properties.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $9,900,000
Address: 64-70 Baldwin Avenue & 107-111 Garrison Avenue
Market: Jersey City

The deal was facilitated by Kathy Anderson from Progress Capital, representing the buyer, Judith Sciarra. Kathy Anderson is a renowned broker at Progress Capital, specializing in real estate transactions. TriState Capital provided the loan for the acquisition.

Players

All
2

Agents
1
Agencies
1

Kathy Anderson

Founding Partner

$99.2M Sold

Progress Capital

Details

Deal Summary

FINANCED

IMAGE: Kathy Anderson DATE: 03/04/2021 ADDRESS: 64-70 Baldwin Avenue & 107-111 Garrison Avenue MARKET: Jersey City ASSET TYPE: Multifamily LOAN TYPE: Acquisition LENDER: TriState Capital LANDLORD: Judith Sciarra - JR City Properties BROKERS: Kathy Anderson @money.girl.kathy -Progress Capital @progress.capital LOAN AMOUNT: $9,900,000

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Address64-70 Baldwin Avenue & 107-111 Garrison Avenue

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