SOLD
Riviera Hotel In Newark Sold For $8.5M - Broker: Ryan Cerqueira
Riviera Hotel - 165 Clinton Avenue
Hotel
100,000 SF
100,000 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Hotel
100,000 sqft
The Riviera Hotel, located at 165 Clinton Avenue in Newark, has been sold in a recent transaction. The hotel, spanning approximately 100,000 square feet, was purchased for a total sale price of $8,500,000. Ryan Cerqueira of an undisclosed agency represented the buyer in this sale.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $8,500,000
- Square Footage: 100,000
- Price per Square Foot: $85
- Date: 04/04/2023
- Market: Newark
Ryan Cerqueira, serving as the broker for the buyer, facilitated the acquisition of the Riviera Hotel. The exact details of the transaction, including any financing or additional parties involved, were not provided in the available information.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Ryan Cerqueira
DATE: 04/04/2023
ADDRESS: 165 Clinton Avenue - Riviera Hotel
MARKET: Newark
ASSET TYPE: Hotel
BROKER: Ryan Cerqueira (@RyanCerqueira)
SALE PRICE: $8,500,000
SF: 100,000 ~ PPSF: $85View on map
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AddressRiviera Hotel - 165 Clinton Avenue
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