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Multifamily Property At 641 Lincoln Avenue Sold For $5.75 Million By Nat Gambuzza & Timothy Blashford

Property Image
SOLD
$5,750,000

New Jersey

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MultiFamily45,000 SF
Sold 02/25/2026
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Property Image
SOLD

Multifamily Property At 641 Lincoln Avenue Sold For $5.75 Million By Nat Gambuzza & Timothy Blashford

641 Lincoln Avenue

See Similar Deals
MultiFamily45,000 SF
Sold 02/25/2026
Contact now

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

Nat Gambuzza
74 deals$917.5M volume
BROKER

Timothy (Tim) Blashford
Berkadia
29 deals$313.9M volume
BROKER

Details

SOLD
IMAGE: Nat Gambuzza & Timothy Blashford DATE: 02/25/2026 ADDRESS: 641 Lincoln Avenue MARKET: Orange ASSET TYPE: Multifamily BROKERS: Nat Gambuzza & Timothy Blashford (@TimBlashford) - Berkadia (@Berkadia) SALE PRICE: $5,750,000 UNITS: 42 ~ PPU: $136,904 SF: 45,000 ~ PPSF: $127

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Deal Type
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