Robert Holland & Tom Scatuorchio Of Kislak Represents Sale Of Multifamily Asset For $10.99M

The asset involved in this transaction is a multifamily property located at 165 Franklin Street in Bloomfield. It consists of 63 units and was sold for $10,988,000, which equates to a price per unit of $174,412.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,988,000
• Units: 63
• Price Per Unit: $174,412
• Date of Sale: 10/27/2025
• Market: Bloomfield

The brokers representing the transaction were Robert Holland and Tom Scatuorchio from Kislak. They facilitated the sale, contributing to the final agreement and the effective negotiation process.