facebook
Traded Co logo
Submit

Toresco Holdings Sells Multifamily Asset At 308 Madison Street In Hoboken For $8M

Property Image
SOLD
$8,000,000

New Jersey

See Similar Deals
MultiFamily12,500 SF
Sold 10/29/2025
the dealplayerscompscontact
Property Image
SOLD

Toresco Holdings Sells Multifamily Asset At 308 Madison Street In Hoboken For $8M

308 Madison Street

See Similar Deals
MultiFamily12,500 SF
Sold 10/29/2025
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$640
Total Square Footage:12,500 SF
Transaction Type:Sale

The multifamily property located at 308 Madison Street in Hoboken is involved in a sale transaction. The asset comprises 18 units with a total square footage of 12,500. The sale price for this transaction amounts to $8,000,000, resulting in a price per unit of $444,444 and a price per square foot of $640.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $8,000,000
  • Address: 308 Madison Street
  • Market: Hoboken
  • Units: 18
  • Square Footage: 12,500
  • Price Per Unit: $444,444
  • Price Per Square Foot: $640
  • Seller: Toresco Holdings
  • Broker: Jason Trembicki - KW Commercial

Jason Trembicki from KW Commercial represents the seller, Toresco Holdings, in this transaction, facilitating the deal between the involved parties in the Hoboken market.

Players

Jason Trembicki
10 deals$60.1M volume(917) 526-2982
BROKER

KW Commercial
BROKERAGE

Details

SOLD
IMAGE: Jason Trembicki DATE: 10/29/2025 ADDRESS: 308 Madison Street MARKET: Hoboken ASSET TYPE: Multifamily SELLER: Toresco Holdings BROKER: Jason Trembicki - KW Commercial SALE PRICE: $8,000,000 UNITS: 18 ~ PPU: $444,444 SF: 12,500 ~ PPSF: $640

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$426,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$28,422.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,924.08
Annual Debt Service$455,088.98