Prime Real Estate Group Acquires Multifamily Property In Weehawken, NJ For $1.2M
36 46th Street, Weehawken, NJ 07086, USA
$1,200,000
$542/SF
Building Size
2,212 SF
Asset Type
MultiFamily
Closing
Jun 24, 2020
AI
A multifamily property located at 36 46th St in Weehawken, NJ was recently sold for $1,200,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Date: 06/24/2021
- Market: Weehawken, NJ
The buyer's representative, Paul Bryant from Prime Real Estate Group, facilitated the purchase. On the other hand, the seller's representative, Robert Harris from Christie's International Real Estate North Jersey, Inc, represented the seller in this transaction.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93