61 Concord St. in Jersey City — Courtesy: ICON Real Estate Advisors
An apartment building in Jersey City Heights has changed hands for the first time in more than 35 years, fetching nearly $1.8 million in a deal arranged by ICON Real Estate Advisors.
According to a news release, Ginnita Corp sold the 16-unit property at 61 Concord St. as part of an estate disposition. That served as a value-add opportunity for a buyer listed as 61 Concord Holdings LLC, the brokerage team said, noting that the property has in-place rents well below current market levels…