Multifamily In West New York Sells For $650,000 - Rosita Wheeler - Christie's International Real Estate
117 57th Street
Units
650,000
Asset Type
—
Closing
Jul 14, 2022
About this deal
AI
A multifamily property located at 117 57th St in West New York has been sold. The property consists of 2 units with a total square footage of 2,800. The sale price for the property was $650,000, resulting in a price per unit of $325,000. The price per square foot for the property is $232.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $650,000
- Units: 2
- Price per Unit: $325,000
- Square Footage: 2,800
- Price per Square Foot: $232
The sale of the property was facilitated by Rosita Wheeler of Christie's International Real Estate. Rosita Wheeler represented the buyer and seller in this transaction.
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Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93