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Marcus & Millichap snags $5.9M for Livingston retail spot

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1 W. Mount Pleasant Ave., Livingston.
1 W. Mount Pleasant Ave., Livingston. - ()

Marcus & Millichap has sold a Livingston retail property for $5.9 million, the commercial real estate firm’s Regional Manager Brian Hosey said Tuesday.

The 7,840-square-foot property at 1 W. Mount Pleasant Ave. is 100 percent occupied and includes a Starbucks, Verizon and Haven Savings Bank.

Investment specialists Alan Cafiero, Ben Sgambati, David Cafiero and Michael DeVita from M&M’s New Jersey office marketed the property exclusively for the private investor seller and secured and represented the buyer, also a private investor.

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Jessica Perry

Jessica Perry

Jessica is the Web Editor for NJBIZ. You can reach her at jperry@njbiz.com.

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