Updated Dec 21, 2023
Prestige Properties Acquires MultiFamily Property In Weehawken For $1.499M
41 Fulton St, Weehawken, NJ, USA
$1,499,000
$299/SF
Building Size
5,001 SF
Asset Type
MultiFamily
Closing
Mar 7, 2021
About this deal
AI
The property involved in the transaction is located at 41 Fulton St in Weehawken. It is a multifamily asset.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,499,000
- Market: Weehawken
The buyer's representative in this deal is Brotati Das from Prestige Properties, while the seller's representative is Jill Biggs from Coldwell Banker Residential Brokerage.
The multifamily sale at 41 Fulton St, Weehawken, NJ, USA in Weehawken, New Jersey sold for $1.5M in 2021. The building is 5,001 square feet, implying about 299 per square foot on the published price. Brotati Das, Jill Biggs, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Weehawken, New Jersey file for the 41 Fulton St, Weehawken, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Weehawken sit in the Market section below. Filter that Weehawken multifamily set by closing date to see what else sold near 41 Fulton St, Weehawken, NJ, USA around 2021. Published consideration for 41 Fulton St, Weehawken, NJ, USA is $1.5M, dated 2021. Cite this Prestige Properties Acquires MultiFamily Property In Weehawken For $1.499M sale when underwriting similar multifamily product around Weehawken, New Jersey.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93