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3 Bonn Place

Steven Lewis & Paulo Santos Facilitate $1.07M Multifamily Sale In Weehawken
SOLDMultiFamily

Steven Lewis & Paulo Santos Facilitate $1.07M Multifamily Sale In Weehawken

3 Bonn Place

$1,070,000

Building Size

Asset Type

MultiFamily

Closing

Mar 22, 2024

AI

The multifamily property located at 3 Bonn Place in Weehawken was recently sold for $1,070,000. The transaction involved Steven Lewis from EXP Realty representing the buyer and Paulo Santos from Re/Max Select representing the seller.

Summary of transaction details:

Steven Lewis of EXP Realty acted as the buyer's representative in the deal, while Paulo Santos of Re/Max Select represented the seller. Both played crucial roles in facilitating the successful sale of the multifamily property at 3 Bonn Place.

Players

Paulo Santos

Re/Max

Broker

$1.1M

vol

1 deal

Broker

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

14.83%

Cash-on-Cash

-4.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93