Multifamily Property At 641 Lincoln Avenue Sold For $5.75 Million By Nat Gambuzza & Timothy Blashford
SOLD
New Jersey
See Similar DealsMultiFamily45,000 SF
Sold 02/25/2026
SOLD
Multifamily Property At 641 Lincoln Avenue Sold For $5.75 Million By Nat Gambuzza & Timothy Blashford
641 Lincoln Avenue
See Similar DealsMultiFamily45,000 SF
Sold 02/25/2026
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$127
Total Square Footage:45,000 SF
Transaction Type:Sale
The property asset involved in this transaction is a multifamily asset located at 641 Lincoln Avenue in Orange. The transaction was finalized with a sale price of $5,750,000, covering a total of 45,000 square feet and comprising 42 units, resulting in a price per unit of $136,904 and a price per square foot of $127.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,750,000
- Address: 641 Lincoln Avenue
- Market: Orange
- Total Square Feet: 45,000
- Units: 42
- Price Per Unit: $136,904
- Price Per Square Foot: $127
The brokers representing this transaction were Nat Gambuzza and Timothy Blashford from Berkadia, ensuring the deal was effectively facilitated between the parties involved.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$306,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,428.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,257.93
Annual Debt Service$327,095.20
Is there something missing? Send suggestions