Hudson Atlantic Relocates Headquarters To State-Of-The-Art Office In Parsippany, NJ
Parsippany, NJ — Hudson Atlantic, a leading commercial real estate brokerage known for their expertise and exceptional client service, is pleased to announce the relocation of its headquarters to a new, state-of-the-art office at 111 Littleton Rd., Suite 111, Parsippany, NJ 07054.
Hudson Atlantic brokers $20M sale of Southside Lofts in Robbinsville
Southside Lofts, a 64-unit Class A multifamily property located in Robbinsville, built in 2020 by Sharbell Development, closed for $20 million, according to a Tuesday announcement from Hudson Atlantic.
Adam Zweibel, president and broker of record at Hudson Atlantic, exclusively represented the seller, Sharbell, in the transaction. Zweibel also identified the buyer, who was undisclosed.
https://www.roi-nj.com/2024/07/23/real_estate/hudson-atlantic-brokers-20m-sale-of-southside-lofts-in-robbinsville/
Pennsylvania rental building fetches $6 million, in first trade in 40 years
The longtime owner of a 57-unit apartment building in southeast Pennsylvania has sold the property for $6 million, in a newly announced deal by Hudson Atlantic Realty.
According to a news release, the transaction in the Drexel Hill section of Upper Darby marks the first trade of the asset in 40 years. Hudson Atlantic’s Adam Zweibel represented the seller in the deal at 3420 Garrett Road, noting that the price equates to more than $105,000 per unit and a capitalization rate of 5.75 percent.
https://re-nj.com/hudson-atlantic-pennsylvania-rental-building-fetches-6-million-in-first-trade-in-40-years/
Hudson Atlantic closes 19-unit apartment building in Wood Ridge for $3.6M
The Highlander, a 19-unit apartment building located in Bergen County, has sold for $3.6 million, according to a recent announcement from Hudson Atlantic, which handled the transaction.
Located at 420 Highland Ave. in Wood-Ridge, the deal was facilitated by Adam Zweibel, co-founder and managing partner of Hudson Atlantic, along with the assistance of Dante Fusaro, sales associate.
https://www.roi-nj.com/2024/04/01/real_estate/hudson-atlantic-closes-19-unit-apartment-building-in-wood-ridge-for-3-6m/
Hudson Atlantic sells Grand Gardens Apartments in Jersey City for $2.35M
Grand Gardens, a 16-unit apartment building in Jersey City has been sold for $2.35 million, according to a Wednesday announcement from Hudson Atlantic.
The property was listed, marketed and sold by Ben Susskind, one of Hudson Atlantic’s rising stars, with support from Adam Zweibel, co-founder and managing partner of the firm.
https://www.roi-nj.com/2024/01/05/real_estate/hudson-atlantic-sells-grand-gardens-apartments-in-jersey-city-for-2-35m/
Developer buys site of 70-unit Bayonne rental project mid-construction
A private developer has purchased the site of a 70-unit multifamily project that is now under construction in Bayonne, in a newly announced deal by CBRE.
Brokers with the firm represented the seller, EOM, in the transaction at 90 Avenue E. A buyer based in Hudson County paid $6.13 million for the property, the team said, noting that the project is fully approved with a 20-year tax abatement and is within walking distance of Hudson-Bergen Light rail service.
https://re-nj.com/developer-buys-site-of-70-unit-bayonne-rental-project-mid-construction-cbre-says/
Hudson Atlantic announces sale of Lakeside Residences in Pompton Lakes for $20M
Hudson Atlantic Realty recently announced it successfully closed on Lakeside Residences, a 52-unit luxury apartment building in Pompton Lakes, for $20 million, or $385,000-plus per unit. Built in 2022, this property boasts high-end finishes as well as a wide range of amenities including fitness center, resident lounge, game room and tenant storage.
https://www.roi-nj.com/2023/10/23/real_estate/hudson-atlantic-announces-sale-of-lakeside-residences-in-pompton-lakes-for-20m/
Hudson Atlantic closes sale of Patriot Village Apartments in New Providence for $10M
Hudson Atlantic Realty on Monday announced it closed on Patriot Village Apartments in New Providence for $10 million.
Built in 2010, Patriot Village offers 18 luxury apartment units consisting of a mix of studios, one, two- and three-bedroom apartments. The large unit-sized apartments each have private garage parking, tenant storage and in-unit laundries.
The property is perfectly located between the towns of Summit and New Providence. With just a quick drive to either downtown full of restaurants, shops and major employers, and within a 5-minute walk to New Providence Train Station, the property is ideally adjacent to Interstates 78 and 280. Also, it is only nine minutes from the Mall at Short Hills.
https://www.roi-nj.com/2023/05/09/real_estate/hudson-atlantic-closes-sale-of-patriot-village-apartments-in-new-providence-for-10m/
Hudson Atlantic inks sale of 14-unit Sussex apartment building for $2.6 million
An investor has purchased a 14-unit garden apartment property in Sussex County for $2.6 million, under a deal arranged by Hudson Atlantic Realty.
Located in Hamburg, the building known as King Cole Apartments benefits from its access to highways and nearby employment centers, according to the brokerage team. The firm added that the all-brick property was built in the 1950s and has spacious kitchens and basements with washer and dryer hook-ups and storage space.
https://re-nj.com/hudson-atlantic-inks-sale-of-14-unit-sussex-apartment-building-for-2-6-million/
Investor buys 46-unit Cranford apartment complex for $14.7 million, Hudson Atlantic says
Hudson Atlantic Realty has brokered the trade of a 46-unit garden apartment complex in Cranford, achieving a price of more than $318,000 per unit for the 1940s property.
The brokerage firm said the asset, Riverside Garden Apartments, changed hands among two undisclosed parties. The property at 12 Riverside Drive sold for $14.65 million, thanks in part to its location near Cranford’s train station and its walkable downtown, along with the complex’s garage parking and on-site laundry.
https://re-nj.com/investor-buys-46-unit-cranford-apartment-complex-for-14-7-million-hudson-atlantic-says/