JAM Real Estate Partners pays $4.5M for 16-unit rental in Yorkville

Jared Pinchasick’s JAM Real Estate Partners through the entity Jam322E90 LLC paid SJO Properties, Inc. $4.5 million for 322 East 90th Street in Yorkville. The deal closed on August 11, 2020, and was recorded on August 17, 2020. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 16 residential units. The property is 9,005 square feet. The parcel(s) have total development potential of 10,063 square feet.
The sale price per unit is $282,813.

The contract date was March 5, 2020. The seller entity was in care of Eric Goodman Realty. The signatory for JAM was Jared Pinchasick, company founder and managing principal.

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