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117 Parkview Avenue

Gina Amato Sells Multifamily Property On Parkview Avenue For $5.2M
SOLDMultiFamily

Gina Amato Sells Multifamily Property On Parkview Avenue For $5.2M

117 Parkview Avenue

$5,200,000

Building Size

Asset Type

MultiFamily

Closing

Sep 1, 2023

AI

A multifamily property located at 117 Parkview Avenue in Weehawken, NJ has been sold for a total of $5,200,000. The property consists of 26 units, with an average price per unit of $200,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,200,000
  • Address: 117 Parkview Avenue, Weehawken, NJ
  • Market: Weehawken, NJ

Gina Amato was the seller of this multifamily property. The broker representing the seller in the deal was Manveer Sanghera of Veerman Asset Management.

Players

Manveer Sanghera

Veerman Asset Management

Broker

$247.2M

vol

15 deals

Broker

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93