Weehawken Multifamily Property Sold For $1.455M With Buyer's Rep Padraic Gallagher & Seller's Rep Patrick Southern
161 Nesbit Street
$1,455,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 28, 2023
AI
A multifamily property located at 161 Nesbit Street in Weehawken was recently sold for a price of $1.455 million. The property offers multiple living units and is situated in a desirable neighborhood. The transaction took place on September 28, 2023.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,455,000
- Address: 161 Nesbit Street, Weehawken
- Market: Weehawken
The buyer's representative in this deal was Padraic Gallagher, who works for Compass. On the other hand, Patrick Southern, a broker from Coldwell Banker, represented the seller.
Players
Weehawken 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
10.90%
Cash-on-Cash
-3.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93