76 East Park St. in East Orange — Courtesy: CoStar Group Inc. (via ICON Real Estate Advisors)
By Joshua Burd
A family ownership group has sold a 26-unit apartment building in East Orange for nearly $2.6 million, according to a listing team with ICON Real Estate Advisors.
In a news release, the brokerage firm said it represented the seller in the trade of the two-story, garden-style property at 76 East Park St. and within the city’s Park Street corridor. The buyer, 76 E Park St LLC, paid $2.575 million in the transaction.
ICON Managing Partner David Oropeza marketed the building on behalf of East Park St LLC. Attorney Khoren Bandazian of Giordano, Halleran & Ciesla PC advised the seller.
“Having represented the family in their acquisition of the property more than 20 years ago, it was especially meaningful to guide this transaction to completion,” Oropeza said. “We were pleased to once again advise them and deliver a successful outcome on their behalf.”
