Updated Sep 5, 2024
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
About this deal
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