Commercial real estate firm Marcus & Millichap recently announced it brokered the sale of a 5,600-square-foot retail property in Bayonne for $1.075 million.
Fahri Ozturk and Tyler Van Wagoner represented the buyer, a private investor, and held exclusive listing of the property at 563-567 Broadway, the firm said.
"Broadway has seen a flurry of activity from outside capital seeking investments in a thriving market,” Ozturk said in a news release. “The subject property is positioned to benefit from the abundance of new development and projects coming to Bayonne, specifically along Broadway."
Marcus & Millichap said the property is located a walk from the 22nd Street Light Rail Station.