Marcus & Millichap Brokers $5M Sale of Mixed-Use Property in Union City, New Jersey

by David Cohen

UNION CITY, N.J. — Marcus & Millichap has brokered the $5 million sale of a 9,360-square-foot mixed-use property in Union City. Located at 4900 Bergenline Ave., the property recently underwent major renovations that include a new roof, windows, upgraded HVAC systems and tenant improvements on the second floor. The building is fully occupied. Fahri Ozturk and Richard Gatto of Marcus & Millichap’s New Jersey office represented the buyer and seller in the transaction, both private investors.

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