Francesco Mazzaferro & Robert Harris Sell Multifamily Property In Weehawken For $1.725M
45-47 King Ave, Weehawken, NJ, USA
$1,725,000
$552/SF
Building Size
3,122 SF
Asset Type
MultiFamily
Closing
Jan 17, 2021
AI
An multifamily property located at 45-47 King Ave in Weehawken has been sold for a price of $1,725,000. The transaction took place on January 18, 2021. The property is a valuable asset in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,725,000
- Address: 45-47 King Ave, Weehawken
- Market: Weehawken
The deal was facilitated by Francesco Mazzaferro & Robert Harris from Christie's International Real Estate Northern New Jersey. They represented the buyers and sellers in this transaction.
Players
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
9.20%
Cash-on-Cash
-2.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93