Weehawken Multifamily Property Sold For $1.95M With Buyer's Rep Grazia Mancini & Seller's Rep Jessica Williams
SOLD
$1,950,000
Queensland
See Similar DealsMultiFamily
Sold 02/23/2023
SOLD
Weehawken Multifamily Property Sold For $1.95M With Buyer's Rep Grazia Mancini & Seller's Rep Jessica Williams
19 Hamilton Ave
See Similar DealsMultiFamily
Sold 02/23/2023
Summary
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
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