Linden Chateau Trades for $5.8M

Stonegate Realty acquired the Linden Chateau apartments at 61 Linden St. in Hackensack, NJ from Riverside Asset Association for $5.8 million.

The four-story multifamily building, built in 1986 on seven-tenths of an acre in Bergen County, is comprised of 39 one-bedroom and 2 two-bedroom units that were fully occupied at the time of the sale.

Greg Pine and Debbie Pomerantz with Gebroe-Hammer Associates brokered the sale for the buyer and the seller.

Please see CoStar COMPS #3149569 for more information on this transaction.

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http://www.costar.com/News/Article/Linden-Chateau-Trades-for-$58M/165802