Cushman & Wakefield’s Andrew Schwartz, Jordan Sobel, Andre Balthazard, and Dan Bottiglieri represented the seller, 67 Brinkerhoff Street LLC, and procured the buyer, 67 Brinkerhoff Street JC LLC, in the transaction.
“This transaction underscores the strength of the Jersey City market and the demand from investors seeking high-growth opportunities in proximity to New York City,” said Sobel. “We generated multiple competitive offers for this asset, showcasing the appeal and confidence in this multifamily investment opportunity.”
The property consists of 17 residential units, with a unit mix of one-, two-, and three-bedroom apartments, offering immediate stable cash flow with significant value-add potential.
The property boasts an excellent location, situated in the fastest-growing metro area in New Jersey, just half a mile from major employment hubs and key transit routes. With proximity to essential shops, restaurants, and recreational parks, this asset provides premier lifestyle accessibility.