Updated Oct 28, 2024
Kevin Alliotts Sells Palisades Park Condo Unit A For $915,000
255 Hillside Avenue, Palisades Park, NJ, USA
$915,000
$326/SF
Building Size
2,803 SF
Asset Type
—
Closing
Oct 15, 2021
About this deal
AI
The property involved in the transaction is a condo located at 255 Hillside Avenue Unit A in Palisades Park. The condo has a total square footage of 2,803. The sale price for this condo was $915,000, resulting in a price per square foot of $326.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $915,000
- Address: 255 Hillside Avenue Unit A
- Market: Palisades Park
The seller of the condo was Kevin Alliotts, representing 83 Brinkerhoff LLC. They successfully sold the property for $915,000, achieving a price per square foot of $326.
Players
Palisades Park CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $326 per square foot on a published $915K for 2,803 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.34%
Cash-on-Cash
-4.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93