Denholtz Properties Acquires 143-Unit Multifamily Development In Bound Brook, NJ For $18M

Simon Goldstein of Buckingham Advisors placed $18MM of equity to a 143-unit, Class A transit-oriented multifamily development located at 100 Hamilton St, Bound Brook. The multifamily asset spans approximately 114,999 square feet. The transaction took place on August 12, 2022.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,000,000
• Address: 100 Hamilton St, Bound Brook
• Square Footage: 114,999

Denholtz Properties and Redwood Real Estate Group partnered in a joint venture to develop this stylish and well-located multifamily property. Situated in an Opportunity Zone, the property provides residents with convenient access to transportation options.

Simon Goldstein of Buckingham Advisors acted as the broker in this equity transaction.