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286 Coles Street
SOLD

The Albanese Organization Acquires 1.83 Acre Development Site In Jersey City For $70M

286 Coles Street

Development Site
clock iconSold 1 year ago
Robert (Bobby) Antonicello
Robert (Bobby) Antonicello Jr
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Summary

Sale
NEW JERSEY
Development Site

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.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Robert (Bobby) Antonicello's profile picture
Robert (Bobby) Antonicello
Grid Real Estate-image
President-Broker of Record
$145.8M Sold

Details

Deal Summary
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SOLD
IMAGE: Bob Antonicello & Bobby Antonicello Jr DATE: 10/11/2022 ADDRESS: 286 Coles St MARKET: Jersey City ASSET TYPE: Development Site ~ ACRES: 1.83 BUYER: The Albanese Organization SELLER: Hoboken Brownstone Co. (@HobokenBrownstoneCo) BROKERS: Bob Antonicello & Bobby Antonicello Jr. - Grid Real Estate (@GridRealEstate) SALE PRICE: $70,000,000

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Address286 Coles Street

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