Keller Williams City Life Realty Brokers Sell Weehawken Multifamily For $1.245M
80 Hackensack Plank Road, Weehawken, NJ 07086, USA
$1,245,000
$273/SF
Building Size
4,561 SF
Asset Type
MultiFamily
Closing
Jul 28, 2020
AI
The multifamily property located at 80 Hackensack Plank Rd in Weehawken, NJ has been sold for a price of $1,245,000. The transaction took place on 07/28/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,245,000
- Address: 80 Hackensack Plank Rd, Weehawken, NJ
- Market: Weehawken, NJ
The sale was facilitated by Jared Reamer and Giovanni Maramonte of Keller Williams City Life Realty, who represented the involved parties in the transaction. They played a crucial role in successfully completing the deal.
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
12.74%
Cash-on-Cash
-3.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93