Gebroe-Hammer's Pine, Uranowitz and Nicolaou complete $4.3 million sale
In Bergen County, the brokerage team of Ken Uranowitz, president; Greg Pine, senior vice president; and Nicholas Nicolaou, vice president, exclusively represented the seller, a long-time Gebroe-Hammer client, in the $4.3 million sale of 542-544 4th Ave. This is the first time in 45 years the two-building property has been marketed for sale. The 27-unit, three-story brick garden-style apartment complex, consisting of one studio, 23 one-bedroom, and three two-bedroom layouts, traded for $160,000 per unit.
East Meadow, NY United Properties Corp. has completed two significant retail acquisitions totaling $34.3 million across Ohio and Iowa. The portfolio has crossed 10 million s/f, boosted by 380,354 s/f of premier commercial shopping center space acquired in these purchases.
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