Updated Dec 4, 2024
23 47th Street Weehawken Multifamily Sold For $1.375M With Buyer's Rep Michael Joyce & Seller's Rep Victor Jalinos
23 47th Street
$1,375,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 8, 2024
About this deal
AI
23 47th Street in Weehawken, a multifamily property, was sold for $1,375,000. The property is located in the market of Weehawken and features multiple residential units. The sale took place on January 18, 2024.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,375,000
Michael Joyce of Prestige Propertiesrepresented the buyer in this transaction, while Victor Jalinos of Liberty Realty represented the seller. Both parties played a crucial role in facilitating the deal and ensuring a successful transaction.
The multifamily sale at 23 47th Street in Weehawken, New Jersey sold for $1.4M in 2024. 23 47th Street is classified as Multifamily on Traded. Victor Jalinos, Michael Joyce, Liberty Realty, Prestige Properties appear on the sale alongside Liberty Realty, Prestige Properties. This page is the Weehawken, New Jersey file for the 23 47th Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Weehawken sit in the Market section below. Filter that Weehawken multifamily set by closing date to see what else sold near 23 47th Street around 2024. Published consideration for 23 47th Street is $1.4M, dated 2024. Cite this 23 47th Street Weehawken Multifamily Sold For $1.375M With Buyer's Rep Michael Joyce & Seller's Rep Victor Jalinos sale when underwriting similar multifamily product around Weehawken, New Jersey.
Players
Weehawken MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93