Michael Cervelli Real Estate, LLC announces the sale of 164 Sterling Ave in Jersey City
North Bergen- Michael Cervelli Real Estate, LLC announces the sale of 164 Sterling Ave in Jersey City, New Jersey. The property, a 4 story brick mixed use investment property featured 26 residential apartments and 3 commercial stores, traded for $2,300,000. Gardner Rivera of Cervelli Real Estate represented the seller and Christopher Cervelli procured the buyer. The buyer, a local group whom Cervelli has represented in many transactions continues to add to its portfolio in the very sought-after Jersey City investment market.
Headquartered in North Bergen, New Jersey, Michael Cervelli Real Estate, LLC was founded in 1983 and is acknowledged as among New Jersey’s most experienced specialists in the Investment Real Estate Sales. Aimed at providing professional brokerage services to private investors and financial institutions involved in income producing multi-family properties and shopping centers, the company has posted steadily increasing sales results. Cervelli has an undisputed reputation on honesty, integrity, and experience in the Investment Real Estate Industry.