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2417 Hammett Avenue

Updated Dec 4, 2024

Multifamily Property In Fort Lee Sold For $1.745M With Buyer's Rep Jin Park & Seller's Rep Jee Mee Lim
SOLDMultiFamily

Multifamily Property In Fort Lee Sold For $1.745M With Buyer's Rep Jin Park & Seller's Rep Jee Mee Lim

2417 Hammett Avenue

$1,745,000

Building Size

—

Asset Type

MultiFamily

Closing

Nov 6, 2023

About this deal

AI

A multifamily property located at 2417 Hammett Avenue in Fort Lee was sold for $1,745,000. The buyer was represented by Jin Park of Eastern Realty, and the seller was represented by Jee Mee Lim.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,745,000
  • Address: 2417 Hammett Avenue, Fort Lee
  • Market: Fort Lee

Jin Park of Eastern Realty represented the buyer in this transaction, while Jee Mee Lim represented the seller.

The multifamily sale at 2417 Hammett Avenue in Fort Lee, New Jersey sold for $1.7M in 2023. 2417 Hammett Avenue is classified as Multifamily on Traded. Jee Mee Lim, Jin Park, Eastern Realty, Realty 7 appear on the sale alongside Eastern Realty, Realty 7. This page is the Fort Lee, New Jersey file for the 2417 Hammett Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Fort Lee sit in the Market section below. Filter that Fort Lee multifamily set by closing date to see what else sold near 2417 Hammett Avenue around 2023. Published consideration for 2417 Hammett Avenue is $1.7M, dated 2023. Cite this Multifamily Property In Fort Lee Sold For $1.745M With Buyer's Rep Jin Park & Seller's Rep Jee Mee Lim sale when underwriting similar multifamily product around Fort Lee, New Jersey.

On the Map

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$1,745,000

MultiFamily

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Players

Jee Mee Lim

Re/Max

Broker

$9.5M

vol

7 deals

Broker
Realty 7
Realty 7Brokerage

Fort Lee 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

9.09%

Cash-on-Cash

-2.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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