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327 88th Street, Stone Harb...

Updated Dec 20, 2023

Compass Acquires Land In Stone Harbor, NJ For $2.8M With Buyer's Rep Nicholas Giuffre
SOLD

Compass Acquires Land In Stone Harbor, NJ For $2.8M With Buyer's Rep Nicholas Giuffre

327 88th Street, Stone Harbor, New Jersey 08247, United States

$2,800,000

Building Size

Asset Type

Closing

Nov 2, 2022

About this deal

AI

The property involved in the transaction is a land located at 327 88th St, Stone Harbor, NJ. The sale took place on November 3, 2022. The transaction price for the land was $2,800,000.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $2,800,000
  • Market: Stone Harbor, NJ

Nicholas Giuffre from Compass represented the buyer in this transaction, while Paul Hughes from RE/MAX At The Shore represented the seller.

The commercial sale at 327 88th Street, Stone Harbor, New Jersey 08247, United States in Stone Harbor, New Jersey sold for $2.8M in 2022. Compass, Re/Max appear on the sale alongside Compass, Re/Max. This page is the Stone Harbor, New Jersey file for the 327 88th Street, Stone Harbor, New Jersey 08247, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Stone Harbor sit in the Market section below. Filter that Stone Harbor commercial set by closing date to see what else sold near 327 88th Street, Stone Harbor, New Jersey 08247, United States around 2022. Published consideration for 327 88th Street, Stone Harbor, New Jersey 08247, United States is $2.8M, dated 2022. Cite this Compass Acquires Land In Stone Harbor, NJ For $2.8M With Buyer's Rep Nicholas Giuffre sale when underwriting similar commercial product around Stone Harbor, New Jersey.

Players

Compass
CompassBrokerage
Re/Max
Re/MaxBrokerage

Stone Harbor 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

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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