Kislak sells new $4.8M luxury apartment building in Westfield

New 10-unit luxury rental building in Westfield fetches $4.8 million, Kislak says – Real Estate NJ

440 North Ave. in Westfield — Courtesy: The Kislak Co. Inc. By Joshua Burd A private investor has purchased a 10-unit luxury apartment building in downtown Westfield for $4.8 million, in a newly announced deal by The Kislak Co. Inc. According to a news release, the transaction at 440 North Ave. East equates to the town’s highest price per unit achieved for a multifamily property with at least 10 units in at least 10 years. It’s also the highest …

Kislak sells new $4.8M luxury apartment building in Westfield

The Kislak Company, Inc. announced the recent sale of a new luxury apartment building with 10 units at 440 North Avenue East in Westfield for $4,800,000. Kislak marketed the property on an exclusive basis with Managing Director Jeff Squires handling the assignment on behalf of the seller, 440 North Avenue East, LLC. He also procured the purchaser, which was not disclosed. The sale price represents the highest price per unit achieved for a multif…