Updated Dec 21, 2023
Vinny Josephs Represents Buyer And Seller In $1M& Package Deal In Orange, NJ
149 Central Pl, Orange, NJ 07050
$1,003,000
Units
6
Asset Type
—
Closing
Jan 23, 2022
About this deal
AI
The package deal involving 149 Central Pl, 171 Central Pl, and 159 Pierson St in Orange, NJ, was recently sold for a total price of $1,003,000. The buyer and seller were represented by Vinny Josephs from eXp Realty. The transaction took place on January 12, 2022. The package deal consists of 6 units, resulting in a price per unit of $167,167.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $1,003,000
- Units: 6
- Price Per Unit: $167,167
- Market: Orange, NJ
Vinny Josephs from eXp Realty served as the dual agent for the entire purchase and sale of the properties. The package deal includes 149 Central Pl, 171 Central Pl, and 159 Pierson St in Orange, NJ.
Players
Orange CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.82%
Cash-on-Cash
-4.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93