SOLD
Rockledge Ventures LLC Acquires Multifamily Property In Montclair For $38M
36 Hawthorne Place
MultiFamily
Sold 1 year ago
Summary
Sale
NEW JERSEY
MultiFamily
Located at 36 Hawthorne Place in the Montclair market, a multifamily property has been sold in a closed transaction. The property consists of 133 units, with a sale price of $38,000,000, resulting in a price per unit of $285,714. The buyer, Rockledge Ventures LLC, acquired the property from the seller, Hawthorne Towers LLC.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $38,000,000
- Units: 133
- Price Per Unit: $285,714
The deal was facilitated by the brokers David Oropeza, Joseph Brecher, and Ken Uranowitz from Gebroe-Hammer Associates. Brad Domenico from Progress Capital acted as the mortgage broker in the transaction.
Players
All
6
Agents
4
Agencies
2
Details
SOLD
IMAGE: David Oropeza, Ken Uranowitz & Joseph Brecher
DATE: 04/01/2022
ADDRESS: 36 Hawthorne Place
MARKET: Montclair
ASSET TYPE: Multifamily
BUYER: Rockledge Ventures LLC
SELLER: Hawthorne Towers LLC
BROKERS: David Oropeza, Joseph Brecher & Ken Uranowitz - Gebroe-Hammer Associates
MORTGAGE BROKER: Brad Domenico - Progress Capital
SALE PRICE: $38,000,000
UNITS: 133 ~ PPU: $285,714View on map
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Address36 Hawthorne Place
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