The Albanese Organization Acquires 1.83 Acre Development Site In Jersey City For $70M
286 Coles Street
Development Site
Sold 1 year ago
Summary
The Albanese Organization has acquired a development site located at 286 Coles St in Jersey City. The property spans approximately 1.83 acres and was sold by Hoboken Brownstone Co. The transaction was facilitated by Bob Antonicello and Bobby Antonicello Jr. of Grid Real Estate for a sale price of $70,000,000.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $70,000,000
- Address: 286 Coles St, Jersey City
- Market: Jersey City
- Brokers: Bob Antonicello & Bobby Antonicello Jr. - Grid Real Estate
The acquisition by The Albanese Organization marks a significant investment in the development site. The deal was facilitated by Bob Antonicello and Bobby Antonicello Jr. of Grid Real Estate, showcasing their expertise in the Jersey City market.
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286 Coles Street
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