REBusinessOnline

GEBROE-HAMMER ARRANGES $2.4 MILLION MULTIFAMILY SALE

PLAINFIELD, N.J. — Gebroe-Hammer Associates (GHA) has arranged the sale of a 33-unit multifamily community, located at 715-725 Arlington Ave., for $2.4 million. The property comprises two four-story brick buildings; residences consist of a mix of one-, two- and three-bedroom units. The community was fully occupied at the time of closing. Alan Lieberman and Steven Tenenbaum of GHA procured the buyer, a New Jersey-based investment group, and represented the undisclosed seller.

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