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117 Parkview Avenue

Updated Dec 4, 2024

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

Units

26

Asset Type

MultiFamily

Closing

Sep 1, 2023

About this deal

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.

The multifamily sale at 117 Parkview Avenue in New Jersey sold for $5.2M in 2023. Reported inventory is 26 units across 26 units. Manveer "Manny" Sanghera, Veerman Asset Management appear on the sale alongside Veerman Asset Management. This page is the New Jersey file for the 117 Parkview Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New Jersey sit in the Market section below. Filter that local multifamily set by closing date to see what else sold near 117 Parkview Avenue around 2023. Published consideration for 117 Parkview Avenue is $5.2M, dated 2023. Cite this Gina Amato Sells Multifamily Property On Parkview Avenue For $5.2M sale when underwriting similar multifamily product around New Jersey.

On the Map

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$5,200,000

MultiFamily

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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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Deal FAQ

About $200K per unit across 26 units on a published $5.2M (2023).

Visit Manveer "Manny" Sanghera to view all their deals.

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

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