facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

46-48 49th Street, Weehawke...

Redwood Realty Advisors Brokers $2.7M Sale Of Multifamily Property In Weehawken, NJ
SOLDMultiFamily

Redwood Realty Advisors Brokers $2.7M Sale Of Multifamily Property In Weehawken, NJ

46-48 49th Street, Weehawken, New Jersey 07086, United States

$2,725,000

Building Size

Asset Type

MultiFamily

Closing

Feb 16, 2022

AI

The multifamily property located at 46-48 49th Street in Weehawken, NJ was recently sold in a closed transaction. The sale was handled by Steven Matovski from Redwood Realty Advisors. The property consists of 21 units and was sold for a price of $2,725,000, resulting in a price per unit of approximately $129,762.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,725,000
  • Address: 46-48 49th Street, Weehawken, NJ
  • Market: Hudson County, Weehawken, NJ
  • Broker: Steven Matovski - Redwood Realty Advisors

This transaction highlights the successful sale of a multifamily property in Weehawken, NJ. Steven Matovski from Redwood Realty Advisors played a key role in representing the parties involved in the deal.

Players

Steven Matovski

Redwood Realty Advisors

Broker

$70.6M

vol

12 deals

Broker

Union City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.82%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93