59-unit apartment building in Hoboken sells for a whopping $34 million
Mar 26, 2014 | 924 views | 0 0 comments | 19 19 recommendations | email to a friend | print
HOBOKEN – The Artisan, a 59-unit apartment complex on Clinton Street that opened last year, was sold by its builders to a Chicago investment firm for $34 million, according to an NJBiz report.

The 102,000-square foot building, on the corner of Fourteenth Street, was sold by Argo Real Estate and Alpine Development to LaSalle Investment Management, according to NJBiz. In addition to four stories of residential space, the building also contains two stories of retail space.

The building opened in 2012 after the builders, based in Tenafly, and all of its units were leased within four months.

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