facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

700 John F. Kennedy BLVD, W...

Tuli Realty LLC Acquires Property On John F. Kennedy Blvd For $25.3 Million With Ken Uranowitz As Seller's Representative
SOLDMultiFamily

Tuli Realty LLC Acquires Property On John F. Kennedy Blvd For $25.3 Million With Ken Uranowitz As Seller's Representative

700 John F. Kennedy BLVD, Weehawke...

$25,300,000

Building Size

Asset Type

MultiFamily

Closing

Nov 20, 2023

AI

The property involved in this transaction is Hamilton House, a multifamily asset located at 700 John F. Kennedy Blvd. East, Weehawken, N.J. The 12-story building, constructed in 1964, comprises a total of 99 units, featuring a mix of 21 studio, 59 one-bedroom, and 19 two-bedroom layouts. The transaction was completed at a price of $25,300,000.00.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $25,300,000.00
  • Address: 700 John F. Kennedy Blvd. East, Weehawken, N.J.
  • Market: Olean
  • Seller: Hamilton House LLC
  • Buyer: Tuli Realty LLC
  • Seller's Representative: Ken Uranowitz and Niko Nicolaou - Gebroe-Hammer Associates

The transaction was brokered by Gebroe-Hammer Associates, with Ken Uranowitz and Niko Nicolaou representing the seller. The team successfully procured the buyer, Tuli Realty LLC, facilitating the transfer of ownership for the multifamily property.

Players

Ken Uranowitz

Broker

$166.9M

vol

6 deals

Broker

Olean MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93