109 Jerome Ave - Apartments FOR SALE


Deal, NJ 07723
$700,000 USD
347-273-1258
109 Jerome Ave, Deal, NJ for Sale
$700,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

109 Jerome Ave
Deal, NJ 07723


OVERVIEW

The 100% membership interest of Barbara Safdieh in 109 Jerome Ave, LLC, herein defined as the “LLC Interest” sells via online auction, on March 24, 2026 @ 10:30 a.m. (EST), with an opening bid of $700,000. Barbara Safdieh is a Chapter 7 debtor in bankruptcy whose case is pending in the United States Bankruptcy Court for the Eastern District of New York under case no. 25-40011 (ESS). This will be a Bankruptcy Court authorized sale of the LLC Interest by Lori Lapin Jones, solely in her capacity as Chapter 7 Trustee of the bankruptcy estate of Barbara Safdieh. 109 Jerome Ave, LLC is the sole owner of real property commonly known as and located at 109 Jerome Avenue, Deal, NJ 07723. To bid on the LLC Interest, by 11:59 p.m. (EST) on March 17, 2026, each prospective bidder must: (a) tender to MYC signed Terms and Conditions of Sale; (b) agree to bid not less than $700,000.00 for the LLC Interest; (c) tender the earnest money deposit in the amount of $70,000.00 to be deposited with the Chapter 7 Trustee from an account of such offeror, or counsel on such offeror’s behalf. Only those who qualify to bid on the LLC Interest will receive a link to participate in the auction sale.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$81 USD /SF

# OF UNITS

1

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LLC Interest

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,993 SF

ZONING

R-1

APN/PARCEL ID

11-00004-0000-00004-01

ASK ABOUT THIS PROPERTY

Marc YaverbaumMYC & Associates IncMore Info
347-273-1258

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Marc YaverbaumMYC & Associates IncMore Info
347-273-1258

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.