ICON Real Estate Advisors arranges sale of East Orange building

Investor buys 58-unit East Orange rental building for $8 million, ICON says – Real Estate NJ

223 Prospect St. in East Orange — Courtesy: CoStar (via ICON Real Estate Advisors) By Joshua Burd The longtime owner of a 58-unit apartment complex in East Orange has sold it for nearly $8 million, in a newly announced deal by ICON Real Estate Advisors. According to a news release, the transaction at 223 Prospect St. marks the first trade of the property in more than 30 years. That helped ensure that the 79-year-old complex was carefully maintai…

ICON Real Estate Advisors arranges sale of East Orange building

ICON Real Estate Advisors has arranged the $7.95 million sale of a 58-unit garden-style multifamily property located at 223 Prospect Street in East Orange, New Jersey. ICON represented both the seller, MCM Associates LLC, and the buyer, Justin Square LLC, in the transaction, which was completed by Managing Partners David Oropeza and David Jarvis. The […] The post ICON Real Estate Advisors arranges sale of East Orange building appeared first on Y…