Updated Dec 19, 2023
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
About this deal
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.
The multifamily sale at 45-47 King Ave, Weehawken, NJ, USA in Weehawken, New Jersey sold for $1.7M in 2021. The building is 3,122 square feet, implying about 552 per square foot on the published price. Francesco Mazzaferro, Robert Harris, Christie's International Real Estate appear on the sale alongside Christie's International Real Estate. This page is the Weehawken, New Jersey file for the 45-47 King Ave, 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 45-47 King Ave, Weehawken, NJ, USA around 2021. Published consideration for 45-47 King Ave, Weehawken, NJ, USA is $1.7M, dated 2021. Cite this Francesco Mazzaferro & Robert Harris Sell Multifamily Property In Weehawken For $1.725M sale when underwriting similar multifamily product around Weehawken, New Jersey.
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