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85 Easton Avenue

Nat Gambuzza & Trevor Fiebel Of Berkadia Facilitate Sale Of Multifamily Asset In New Brunswick For $5.65M
SOLDMultiFamily

Nat Gambuzza & Trevor Fiebel Of Berkadia Facilitate Sale Of Multifamily Asset In New Brunswick For $5.65M

85 Easton Avenue

$5,650,000

$141/SF

Building Size

40,000 SF

Asset Type

MultiFamily

Closing

Apr 23, 2025

AI

The property asset involved in this transaction is a multifamily building located at 85 Easton Avenue in New Brunswick, which consists of 38 units. The sale price for the asset was $5,650,000, covering a total square footage of 40,000. The price per unit was calculated at $148,684, while the price per square foot came to $141.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,650,000
  • Units: 38
  • Square Footage: 40,000
  • Price Per Unit: $148,684
  • Price Per Square Foot: $141
  • Market: New Brunswick
  • Date of Sale: 4/24/2025
  • Brokers: Nat Gambuzza & Trevor Fiebel - Berkadia

The key individuals involved in the transaction are brokers Nat Gambuzza and Trevor Fiebel, who represented the deal through Berkadia. Their expertise contributed to the successful completion of this multifamily asset sale.

Players

Nat Gambuzza

Berkadia

Broker

$917.5M

vol

74 deals

Broker
Berkadia
BerkadiaBrokerage

New Brunswick 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

2.81%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93