April 2026

20 — April 2026 — New Jersey — M id A tlantic Real Estate Journal

www.marej.com

N ew J ersey

S.V.P. Davis Briones arranges exclusive sale in Hudson County Kislak Sells 2Six Apartments in North Bergen, NJ for $6.8 Million

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he also procured the purchas- er, which utilized the purchase to complete an all-cash I.R.C Section 1031 Exchange. The parties were not disclosed. Briones said, “The prop- erty traded at a 5.5% cap rate, which aligns with historical norms for new construction, typically ranging between 5.0% and 5.5%. After a period of cap-rate expansion into the 6% range over the past two years, which were driven by higher interest rates, cap rates are beginning to compress. This trend is constructive for developers and owners evalu-

ating disposition or refinanc - ing opportunities in 2026.” 2Six Apartments is a newly constructed, three-story brick multifamily property with 18 units -- six oversized one-bed- room units with dens and 12 one-bedroom units. Apartment features include laminate wood flooring throughout with tiled bathroom floors, in-unit washers and dryers, and Sam- sung stainless steel kitchen packages. The property offers on-site parking for 22 vehicles, including two electric vehicle charging stations. Tenants are responsible for all utilities. Ideally located just outside of the Lincoln Tunnel, the property offers exceptional access to Manhattan via a nearby bus stop providing direct service e to Port Au- thority in approximately 15 minutes. Centrally positioned within North Bergen, 2Six Apartments also benefits from convenient proximity to a wide array of retail, dining, and neighborhood amenities. Mohammed H. Amin, Esq. of Onal Gallant Bayram & Amin PC provided legal rep- resentation for the seller and Judy Leach, Esq., of the Law Offices of Sardar Asadullah represented the purchaser. The property was fully oc- cupied at the time of sale. Briones joined Kislak in 2014. After his first year, he received the company’s pres- tigious Rookie of the Year Award, which recognizes a newer salesperson who records the greatest achievements dur- ing the year. He was promoted to a vice president in 2019 after he sold over $100 million of investment real estate. In 2021 he was recognized by the Mid- Atlantic Real Estate Journal as one of its 30 under 30 and in 2026, he was promoted to a senior vice president. About The Kislak Co., Inc. The Kislak Company, Inc., which is headquartered in Woodbridge, is a leading CRE brokerage firm consistently rec - ognized for its investment sales success. Established in 1906, Kislak’s market leadership po- sition and longevity are due to its ability to offer clients a per- sonalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of professionals. Kislak’s prestigious client base includes individual investors and own- ers, partnerships, financial institutions, and REITs. MAREJ

ORTH BERGEN, NJ — The Kislak Com- pany, Inc. announced

the recent sale of 2Six Apartments, a new 18-unit luxury resi- dential build- ing at 1209 26th Street in North Ber- gen, Hudson County for $6,775,000.

Davis Briones

Kislak marketed the prop- erty exclusively with senior vice president Davis Briones handling the assignment and

2Six Apartments

EXCLUSIVE PROPERTIES FOR SALE

New Brunswick, NJ 20 Residential Units Daniel Lanni ext 248

Asbury Park, NJ 100 Residential Units Daniel Lanni ext 248

Roselle, NJ 35 Residential Units Joni Sweetwood ext 273

Mendham, NJ 6,342 ± SF Retail/Office Sara Soliman ext 309

Jersey City, NJ 24 Residential Units Don Baxter ext 265 Jason Pucci ext 214

Belleville, NJ 3 Units + 2 Retail Thomas Scatuorchio ext 255

The Kislak Company, Inc. | kislakrealty.com | 732 750 3000

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