Updated Oct 28, 2024
Kevin Alliotts Sells Palisades Park Condo At 255 Hillside Avenue For $925K
255 Hillside Avenue, Leonia, NJ 07605, USA
$925,000
$330/SF
Building Size
2,803 SF
Asset Type
—
Closing
Aug 20, 2020
About this deal
AI
Located at 255 Hillside Avenue, Unit B in Palisades Park, this condo was recently sold in a closed transaction. The property, captured in a photo by Kevin Alliotts, boasts a spacious interior spanning 2,803 square feet. The condo is part of a condominium complex in Palisades Park's market.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $925,000
The seller of this condo was Kevin Alliotts, who represented 83 Brinkerhoff LLC in the transaction. The asking price for the property was set at $925,000, and the sale closed at the same price. The price per square foot for this condo was calculated to be $330.
Players
Leonia CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $330 per square foot on a published $925K for 2,803 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.15%
Cash-on-Cash
-4.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93