facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

228 Baldwin St, New Brunswi...

Updated Dec 4, 2024

Peg Real Estate Holdings LLC Acquires Multifamily Property In New Brunswick For $1.4M
SOLDMultiFamily

Peg Real Estate Holdings LLC Acquires Multifamily Property In New Brunswick For $1.4M

228 Baldwin St, New Brunswick, NJ, USA

$1,400,000

$820/SF

Building Size

1,707 SF

Asset Type

MultiFamily

Closing

Oct 3, 2021

About this deal

AI

Located at 228 Baldwin St in New Brunswick, this multifamily property was recently sold in a closed transaction. The property spans 1,707 square feet and was purchased by Peg Real Estate Holdings LLC from Joseph Diaz for a total sale price of $1,400,000. With a price per square foot of $820, this property offers a valuable investment opportunity in the New Brunswick market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,400,000
  • Square Footage: 1,707
  • Price Per Square Foot: $820
  • Buyer: Peg Real Estate Holdings LLC
  • Seller: Joseph Diaz

This transaction was facilitated by Peg Real Estate Holdings LLC, represented by their broker in the deal. The purchase of 228 Baldwin St in New Brunswick showcases the strategic decision-making involved in the local real estate market, providing opportunities for both buyers and sellers in the multifamily sector.

Players

New Brunswick MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $820 per square foot on a published $1.4M for 1,707 square feet (2021).

Browse New Jersey multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets