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400 Black Horse Pike

Carlos Gomes Acquires Multifamily Asset At 400 Black Horse Pike In Blackwood For $4.5M
SOLDMultiFamily

Carlos Gomes Acquires Multifamily Asset At 400 Black Horse Pike In Blackwood For $4.5M

400 Black Horse Pike

$4,500,000

$209/SF

Building Size

21,450 SF

Asset Type

MultiFamily

Closing

Jun 3, 2026

AI

The asset involved in the transaction is a multifamily property located at 400 Black Horse Pike in Blackwood. The sale price was $4,500,000 for a total of 33 units, which equates to a price per unit of $136,363. The property comprises a total square footage of 21,450, resulting in a price per square foot of $209.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,500,000
  • Units: 33
  • Price Per Unit: $136,363
  • Square Footage: 21,450
  • Price Per Square Foot: $209
  • Buyer: Carlos Gomes
  • Seller: Bernard Burkhoff
  • Broker: Adam Zweibel - Hudson Atlantic Realty

The transaction was facilitated by Adam Zweibel of Hudson Atlantic Realty, who represented the interests involved in the deal. Carlos Gomes acquired the property from Bernard Burkhoff, finalizing the sale on 06/03/2026.

Players

Adam Zweibel

Hudson Atlantic Realty

Broker

$404.6M

vol

27 deals

Broker

Blackwood 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

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93