@MilesBronstein, @BrettPRosenthal, @DerekGreenbaum Acquire Multifamily Asset In Hudson County, NJ For $2.775M

The multifamily property located at 68-72 W. 25th St. in Hudson County, NJ was recently sold in a closed transaction. The sale took place on 03/20/2021 and the property was purchased for a total of $2,775,000. The property consists of 15 units with a price per unit of $185,000. It spans across an area of 15,000 square feet with a price per square foot of $185. The property has a capitalization rate of 4.5%.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,775,000
• Units: 15
• Price Per Unit: $185,000
• Square Footage: 15,000
• Price Per Square Foot: $185
• Capitalization Rate: 4.5%

The buyers involved in this transaction are Miles Bronstein, Brett Rosenthal, and Derek Greenbaum, as represented by their respective Instagram handles (@MilesBronstein, @BrettPRosenthal, @DerekGreenbaum).