Pinnacle Acquires Mixed-use Property On Park Avenue In Hoboken For $1.25M

Located in Hoboken's market, the mixed-use property at 301 Park Avenue has been sold for a total price of $1,250,000. The transaction took place on September 1, 2021. The property features a diverse range of uses, making it an attractive investment for the buyer.

Summary of transaction details:

• Property Type: Mixed-use
• Sale Price: $1,250,000
• Date: September 1, 2021
• Address: 301 Park Avenue
• Market: Hoboken
• Buyer: Pinnacle
• Broker: Kyle Klaus - Prestige Properties

Kyle Klaus from Prestige Properties represented Pinnacle, the buyer, in this deal. The involvement of experienced brokers indicates the significance of this transaction in the Hoboken market. The sale of the property highlights Pinnacle's continued growth in the market, as they strategically expand their real estate portfolio.