Zweibel of Hudson Atlantic brokers sale of Lakeside Residences in Pompton Lake, NJ for $20 Million
Pompton Lake, NJ — Hudson Atlantic Realty announced the successful closing of Lakeside Residences, a 52-unit luxury apartment building, in Pompton Lakes for $20,000,000 or $385K+/unit. Built in 2022, this property boasts high-end finishes as well as a wide range of amenities including a fitness center, resident lounge, game room, and tenant storage.
The property is located in Pompton Lakes, within a quick drive to either the downtown area with restaurants and shops as well as major employers, and is within a 5-minute walk to direct bus service to Manhattan.
“Adam Zweibel listed and sold Lakeside Residences. His expertise and dedication played a pivotal role in representing the seller and securing a buyer to get this deal across the finish line this. As a testament to his ability to bring buyers and sellers together in the ever-evolving real estate market, Adam noted, ‘In a rapidly rising interest rate environment, it has been more difficult to bridge the gap between buyers and sellers. However, this transaction proves that investors still have an appetite to transact despite economic headwinds."