Hudson Atlantic: Stratford apartments trade for first time in 60 years, fetching $9.5 million
The owner of an 82-unit apartment complex in Camden County has sold the property for the first time in its 59-year history, in a deal arranged by Hudson Atlantic Realty.
The seller, whose name was undisclosed, reaped $9.5 million in the trade of Cornell Manor on Columbia Avenue in Stratford. In announcing the deal, the brokerage team said the property is minutes from major highways and public transportation, providing easy access to regional employment centers including downtown Philadelphia
https://re-nj.com/hudson-atlantic-stratford-apartments-trade-for-first-time-in-60-years-fetching-9-5-million/
Hudson Atlantic Realty closes $200M in deals in 2022’s first half
Hudson Atlantic Realty is celebrating a strong first half of the year.
https://njbiz.com/hudson-atlantic-realty-closes-200m-in-deals-in-2022s-first-half/
Hudson Atlantic Realty closes $15.6M deal for 4 multifamily buildings in East Orange
Four multifamily buildings with a combined 96 apartment units in transit-oriented East Orange have sold for $15.6 million, according to a Thursday announcement from Hudson Atlantic Realty.
Buying a Home in New Jersey Just Got Tougher
According to Jeff Otteau, the founder of the Otteau Group Real Estate Valuation & Consulting Co. in Matawan and the managing broker of Hudson Atlantic Realty, this latest interest rate hike will accelerate and exaggerate the slowdown of the real estate market in the Garden State that is already underway.
https://nj1015.com/buying-a-home-in-new-jersey-just-got-tougher/
Four-building, 96-unit apartment portfolio in East Orange trades for $15.6 million
A private investor has purchased a four-building, 96-unit apartment portfolio in East Orange for $15.6 million, in a newly announced transaction by Hudson Atlantic Realty.
Located minutes from mass transit and the city’s downtown, the properties include 30 Beech St., 46 South Arlington Ave., 6 Glenwood Ave. and 363 Park Ave. Hudson Atlantic announced the deal Thursday, noting that each building is recently renovated with hardwood floors, upgraded kitchens, on-site laundry and separately metered utility services.
https://re-nj.com/four-building-96-unit-apartment-portfolio-in-east-orange-trades-for-15-6-million/
Bloomfield Apartment Building Trades for $3.7 Million, Hudson Atlantic Says
A private buyer has purchased a 22-unit apartment building in Bloomfield for $3.65 million, according to a brokerage team with Hudson Atlantic Realty.
https://re-nj.com/bloomfield-apartment-building-trades-for-3-7-million-hudson-atlantic-says/
Bloomfield apartment building trades for $3.7 million, Hudson Atlantic says
A private buyer has purchased a 22-unit apartment building in Bloomfield for $3.65 million, according to a brokerage team with Hudson Atlantic Realty.
The firm, which announced the deal on Friday, said the property at 42 Park Ave. is in the downtown and within walking distance of two train stations. Adding to the appeal of the all-brick building is its on-site storage units and laundry, the brokerage said, noting that the collection of one- and two-bedroom units has a mix of hardwood flooring and tiled bathrooms.
https://re-nj.com/bloomfield-apartment-building-trades-for-3-7-million-hudson-atlantic-says/
Montclair owner sells 56-unit rental portfolio after 25 years, Hudson Atlantic says
A longtime owner has sold a two-building, 56-unit apartment portfolio in Montclair for $13.5 million, in a deal arranged by Hudson Atlantic Realty.
According to the brokerage team, the properties include 27 units at 10 Roosevelt Place and 29 units 47 North Fullerton Ave. The brick structures are about a half-mile apart, providing residents with a short walk to NJ Transit’s Walnut Street and Bay Street stations.
https://re-nj.com/montclair-owner-sells-56-unit-rental-portfolio-after-25-years-hudson-atlantic-says/
Hudson Atlantic Realty closes on $13.5M Montclair multifamily sale
Hudson Atlantic Realty recently announced its latest closing, a $13.5 million sale of two properties in Montclair.