Brian Karmowski and Karla Galva of Essex Realty Group Represent $1.235M Elmwood Park Multifamily Sale
7719 West Fullerton Avenue
$1,235,000
$132/SF
Building Size
9,300 SF
Asset Type
MultiFamily
Closing
Aug 6, 2025
AI
The property asset involved in the transaction is a multifamily unit located at 7719 West Fullerton Avenue in Elmwood Park. The sale price for this asset was $1,235,000, comprising a total of 9 units. The total square footage of the property is 9,300, resulting in a price per unit of $137,222 and a price per square foot of $132.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,235,000
- Units: 9
- Square Footage: 9,300
- Price per Unit: $137,222
- Price per Square Foot: $132
- Buyer's Representative: Karla Galva - Essex Realty Group
- Seller's Representative: Brian Karmowski - Essex Realty Group
This transaction involved key individuals from Essex Realty Group, with Karla Galva representing the buyer and Brian Karmowski representing the seller, demonstrating the agency's involvement in facilitating the sale.
Players
Elmwood Park 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
12.84%
Cash-on-Cash
-3.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93