Daily limit: 0/10
Steven Lewis & Michael Klein Lead $1.65M Multifamily Sale In Weehawken
SOLD
$1,650,000
New Jersey
See Similar DealsMultiFamily
Sold 04/10/2024
SOLD
Steven Lewis & Michael Klein Lead $1.65M Multifamily Sale In Weehawken
317 Park Avenue
See Similar DealsMultiFamily
Sold 04/10/2024
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
A three-family home at 317 Park Avenue in Weehawken was sold for $1,650,000. The property features top-of-the-line finishes and unique outdoor amenities, including terraces and an outdoor grotto. It is located in a prime area with direct views of NYC and offers ample street parking, making it an attractive investment opportunity.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Address: 317 Park Avenue
- Market: Weehawken
- Buyer's Rep: Steven Lewis - EXP Realty
- Seller's Rep: Michael Klein - Liberty Realty
The deal at 317 Park Avenue involved Steven Lewis from EXP Realty as the buyer's representative and Michael Klein from Liberty Realty as the seller's representative.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
Is there something missing? Send suggestions