Gebroe-Hammer Sells Eight Multifamily Properties

Bergen County, N.J.–Gebroe-Hammer Associates, a N.J-based real estate investment company, negotiated the sale of eight multifamily properties totaling 299 rental units in the Bergen County area for a total of $44 million. The properties include Ann Foschini Estate, Riverside Terrace, the Grand Imperial, the Imperial, 222 Elleen Terrace, 403 Prospect Avenue, 7 Amsterdam Avenue and 333 Willow Street in the Hackensack, Teaneck and Bogota regions of Bergen County.Greg Pine, vice president at Gebroe-Hammer Associates, who specializes in the Northern New Jersey marketplace worked on the all-cash sales.