Jeffrey Gault, a principal at Perry Gault Management Co., Inc. and Partners, sold four contiguous five-story apartment houses located at 1755 through 1775 Eastburn Ave. for $5.6 million. The property contained 103 apartments with 344 rooms. The plot size of the property is 260' by 95'.
John Nickelsberg of the law firm of Rabine and Nickelsberg represented the sellers. The buyer, Shllaku Holdings, LLC, was represented by Valentine Djonovic, Esq.
Michael Kesselman of the firm
Meridian Capital Group arranged the financing for purchase, Joshua Zellner of the firm Zellner Realty Corp. was the broker.