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

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.