Prominent Properties Sotheby's International Realty Acquires Weehawken Multifamily For $1.159M
SOLD
$1,159,000
New Jersey
See Similar DealsMultiFamily2,498 SF
Sold 02/25/2022
SOLD
Prominent Properties Sotheby's International Realty Acquires Weehawken Multifamily For $1.159M
37 48th Street, Weehawken, New Jersey 07086, United States
See Similar DealsMultiFamily2,498 SF
Sold 02/25/2022
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$464
Total Square Footage:2,498 SF
Transaction Type:Sale
A multifamily property located at 37 48th St in Weehawken has been sold. The transaction was completed on 02/25/2022, with a sale price of $1,159,000. The property consists of 3 units, with a per unit price of $386,333.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,159,000
- Units: 3
- Price per Unit: $386,333
Angela Becerra from Prominent Properties Sotheby's International Realty represented the buyer in this transaction. Francesco Mazzaferro from Christie's International Real Estate Northern New Jersey, Inc. represented the seller.
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)
$61,813.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,117.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,494.25
Annual Debt Service$65,931.02
Is there something missing? Send suggestions