Colonial House Apartments Sells for $5M in New York

Reported Oct 14, 2026 · Source: YieldPro

Source: YieldProRead the full report at YieldPro ↗

Deal details

Buyer
an all-cash private investor
Seller
Not disclosed
Price
$5M
Size
43 units
Price per unit
$116,279 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Northern & Central NJ
Metro
New York (incl. Long Island & NJ)
Reported date
Oct 14, 2026

Summary

SAGE Investment Real Estate Advisors (SAGE) has arranged the $5 million sale of Colonial House Apartments, a 43-unit multifamily community located at 128-144 Westfield Ave. in Elizabeth. The source headline reads: “43-Unit Colonial House Apartments Trades for $5M in Elizabeth New Jersey on Behalf of Multi-Generational Ownership Group.”

Summarized from the article; the quoted lines below are from the article itself.

Source: YieldPro

Read the full report at YieldPro. What the article says:

  • Deal / Price / Size
    43-Unit Colonial House Apartments Trades for $5M in Elizabeth New Jersey on Behalf of Multi-Generational Ownership Group
  • Deal
    SAGE Investment Real Estate Advisors (SAGE) has arranged the $5 million sale of Colonial House Apartments, a 43-unit multifamily community located at 128-144 Westfield Ave. in Elizabeth.
  • Buyer
    SAGE Partner and Co-Founder Steve Tragash exclusively represented the seller, a multi-generational ownership group, and procured an all-cash unnamed buyer for the transaction.

Article date: 2026-10-15T14:20:29+00:00

Frequently asked questions

How much did Colonial House Apartments sell for?
The reported price is $5M, per YieldPro.
When was this sale reported?
Reported Oct 14, 2026 by YieldPro.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.