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Ironbound Partners LLC Acquires Multifamily Property In Paterson, NJ For $2.9M

773 East 19th Street
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This MultiFamily property located in NJ was sold for $2,865,000 over 3 years ago. The brokers of the deal were Frank Stanislaski, Gabby Cali, Tarang Ramani, and Jerry Joseph

A multifamily property located at 773 E 19th St & 149-151 Warren St in Paterson, NJ, has been sold for a price of $2,865,000. The property consists of 22 units, with an average price per unit of $130,227. The total square footage of the property is 16,500, resulting in a price per square foot of $174.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,865,000
  • Units: 22
  • Price per Unit: $130,227
  • Square Footage: 16,500
  • Price per Square Foot: $174

The buyer of the property is Ironbound Partners LLC. The sale was facilitated by brokers Tarang Ramani and Jerry Joseph, who represented both the buyer and the seller in this transaction.

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Deals
  • Location
    773 East 19th Street773 East 19th Street
  • Sale Price
    $2,865,000$2,865,000
    $173 PPSF$173 PPSF
  • Area
    16,500 SF16,500 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 2 Agencies, 1 Lender4 Brokers, 2 Agencies, 1 Lender

Agents

Tarang Ramani

Tarang Ramani

Deals2
Sold$4.1M

Jerry Joseph

Jerry Joseph

Deals3
Financed$12.5M

Frank Stanislaski

Frank Stanislaski

Deals36
Financed$211.5M

Gabby Cali

Gabby Cali

Deals20
Financed$91.8M

Agencies

Progress Capital

Progress Capital

Agency
Deals382
Volume$4.9B

Lee & Associates

Lee & Associates

Agency
Deals972
Volume$10B

Amboy Bank

Amboy Bank

Lender
Deals3
Volume$ 9.9B

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Deal Summary

SALE IMAGE: Tarang Ramani & Jerry Joseph DATE: 07/22/2021 ADDRESS: 773 E 19th St & 149-151 Warren St MARKET: Paterson, NJ ASSET TYPE: Multifamily BUYER: Ironbound Partners LLC BROKERS: Tarang Ramani (@TRamanicre) & Jerry Joseph(@JerryJoscre) ; Duel Representation SALE PRICE: $2,865,000 UNITS: 22 ~ PPU: $130,227 SF: 16,500 ~ PPSF: $174

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773 East 19th Street

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