WEEHAWKEN, NJ-Gebroe-Hammer Associates reportedthat investment trading of Class-B and C multi-family propertiescontinues strong in Hudson County, with the firm handling tworecent transactions that netted a total of $1.48 million for 18total units, including one ground-floor retail unit.
Gebroe-Hammer exclusively represented the seller and identifiedthe buyer in the $950,000 sale of a five-story walk-up inWeehawken. The mid-rise building is situated between JFK BoulevardEast and Park Avenue, the township’s north-south corridorroadway.
The firm’s market specialists also orchestrated a $530,000 shortsale of a four-story brick building in Union City. Comprised ofeight two-bedroom units, the property is near Jose Marti Field andSt. Michael the Archangel Church andMonastery.
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