Cushman & Wakefield Brokers Three Mixed-Use Building Sales in Bayonne, New Jersey

by Amy Works

BAYONNE, N.J. — Cushman & Wakefield has arranged three sales of mixed-use properties in Bayonne. In the first transaction, an undisclosed buyer purchased a three-building mixed-use property located at 462 Broadway, 464 Broadway and 15-17 Liberty Court for $1.1 million, or $90.38 per square foot. The 13,000-square-foot portfolio features four residential units and four commercial units. Fahri Ozturk and Lev Kimyagarov of Cushman & Wakefield arranged the transaction. In the second deal, Ozturk brokered the $1.6 million sale of a 16,500-square-foot mixed-use building located at 813-819 Broadway. The building features 9,000 square feet of ground-level retail and medical office space and 7,500 square feet of second-floor office space. Current tenants are Children’s Specialized Hospital and La Guardiola Pizzeria. In the third transaction, an undisclosed buyer acquired a 17,700-square-foot mixed-use asset located at 544-556 Broadway for $1.3 million. Vacant at the time of sale, the building features a ground-floor retail component and second-floor office space. Ozturk arranged the transaction. The names of the sellers were not released.

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