Catherine Gardens
"The seller takes great pride in their properties and strives to enhance them both aesthetically and practically," said Maccarone.
Maccarone originally sold this building for the builder to the current owners and has maintained a long-term standing relationship with them for the past 22 years. She secured an exclusive listing and marketed the property as a leveraged, low-risk investment in a stable environment.
"The buyer based his decision on the immaculate condition of the property, a stable professional neighborhood and the location of the property," said Squires. "The buyer realizes there will be appreciable gains in his investment."
Catherine Gardens is a three-story, well-maintained brick apartment building. Amenities include large rooms, on-site parking and a prime location in Bergen County. Catherine Gardens is just minutes from New York City, the George Washington Bridge, Routes 4, 17 and 46, mass transportation and shopping. At the time of the sale, the building was fully occupied.
About The Kislak Company
The Kislak Company, which is headquartered in Woodbridge, N.J., is recognized as the dominant investment sales company serving the multi-family and retail markets. Established in 1906, Kislak's market leadership position and longevity is due to its ability to offer clients a personalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of professionals. Kislak's prestigious client base includes individual investors and owners, partnerships, financial institutions and REITs. The firm's 40 professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania, Virginia, Connecticut and Delaware.
For more information on The Kislak Company, please visit www.kislakrealty.com or call (732) 750-3000.
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