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1306 New York LLC Acquires Multifamily Property In Union City For $2.3M

1306 New York Avenue
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This MultiFamily property located in NJ was sold for $2,315,000 over 2 years ago. The broker of the deal was Jonathan Zamora

Located at 1306 New York Avenue in Union City, this multifamily property was recently sold in a closed transaction. The property spans approximately 12,000 square feet and was sold for a total of $2,315,000, resulting in a price per square foot of $193. The sale was completed on 12/06/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,315,000
  • Address: 1306 New York Avenue
  • Market: Union City

The buyer of the property was 1306 New York LLC, while the seller was Emerald Apts LLC. The deal was facilitated by Jonathan Zamora from Marcus & Millichap. This successful transaction proved to be a tremendous win for both the buyer and the seller. If you are interested in learning more about the deal story, finding other available properties for sale, or evaluating a similar property, you can contact Jonathan Zamora at 201-742-6121 or [email protected].

(JonathanZamora.Cre)

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Deals
  • Location
    1306 New York Avenue, Union City, NJ 07087, USA1306 New York Avenue, Union City, NJ 07087, USA
  • Sale Price
    $2,315,000$2,315,000
    $192 PPSF$192 PPSF
  • Area
    12,000 SF12,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Jonathan Zamora

Jonathan Zamora

Deals13
Sold$48M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Jonathan Zamora DATE: 12/06/2021 ADDRESS: 1306 New York Avenue MARKET: Union City ASSET TYPE: Multifamily BUYER: 1306 New York LLC SELLER: Emerald Apts LLC BROKERS: Jonathan Zamora (@JonathanZamora.CRE) - Marcus & Millichap SALE PRICE: $2,315,000 SF: 12,000 ~ PPSF: $193 NOTE FROM BROKER: Pleased to have brokered this deal for both the seller and buyer which was a tremendous win for both parties. Contact me to learn more about the deal story, current available properties for sale or for an evaluation on your similar property. 201-742-6121 [email protected] (JonathanZamora.Cre)

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