Leo Hei And Jacqueline Luk Acquire Condo In Weehawken For $3.2 Million With Seller's Rep Nicole Kopec
SOLD
$3,200,000
New Jersey
See Similar DealsCondo4,000 SF
Sold 01/24/2025
SOLD
Leo Hei And Jacqueline Luk Acquire Condo In Weehawken For $3.2 Million With Seller's Rep Nicole Kopec
1000 Avenue At Port Imperial
See Similar DealsCondo4,000 SF
Sold 01/24/2025
Summary
NEW JERSEY
Asset Type:Condo
Price Per Square Foot:$800
Total Square Footage:4,000 SF
Transaction Type:Sale
The property asset involved in the transaction is a condo located at 1000 Avenue at Port Imperial Unit 104 in Weehawken. The transaction took place on January 24, 2025, with a sale price of $3,200,000. The property encompasses a total of 4,000 square feet, resulting in a price per square foot of $800.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,200,000
- Buyer: Leo Hei & Jacqueline Luk
- Seller's Representative: Nicole Kopec - Nest Seekers International
- Square Footage: 4,000
- Price per Square Foot: $800
- Market: Weehawken
- Date of Transaction: 01/24/2025
The key individuals involved in this transaction include the buyers, Leo Hei and Jacqueline Luk, and the seller's representative, Nicole Kopec, who is associated with Nest Seekers International. This transaction reflects the engagement of established professionals in the real estate market, showcasing their roles in facilitating the deal.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
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