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19 Hamilton Ave

Weehawken Multifamily Property Sold For $1.95M With Buyer's Rep Grazia Mancini & Seller's Rep Jessica Williams
SOLDMultiFamily

Weehawken Multifamily Property Sold For $1.95M With Buyer's Rep Grazia Mancini & Seller's Rep Jessica Williams

19 Hamilton Ave

$1,950,000

Building Size

Asset Type

MultiFamily

Closing

Feb 23, 2023

AI

A multifamily property located at 19 Hamilton Ave in Weehawken has been sold for $1,950,000. The property consists of 3 units, with an average price per unit of $650,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,950,000
  • Address: 19 Hamilton Ave
  • Market: Weehawken
  • Units: 3
  • Price Per Unit: $650,000

Grazia Mancini from Smart Realty represented the buyer in the transaction, while Jessica Williams from Christie's International Real Estate Group represented the seller.

Players

Grazia Mancini

Broker

$3.3M

vol

2 deals

Broker

Brisbane 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

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93