facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

All

/

Sale

/

4315 Park Avenue, Union Cit...

Debraj Addya Acquires 1,841 SF Condo In Union City, NJ For $800K
SOLD

Debraj Addya Acquires 1,841 SF Condo In Union City, NJ For $800K

4315 Park Avenue, Union City, New Jersey 07087, United States

$800,000

$434/SF

Building Size

1,841 SF

Asset Type

Closing

Jan 7, 2022

AI

A condo located at 4315 Park Ave in Union City, NJ has been sold for $800,000. The property spans 1,841 square feet, resulting in a price per square foot of $435. The sale took place on 01/07/2022. The seller, Sean & Yulia Perruzzi, was represented by Gershon Adjaye from Keller Williams Realty. The buyer, Debraj Addya, had Amar Mody from Prominent Properties Sotheby’s as their representative.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $800,000
  • Address: 4315 Park Ave, Union City, NJ
  • Square Footage: 1,841
  • Price per Square Foot: $435

Gershon Adjaye from Keller Williams Realty represented the seller, Sean & Yulia Perruzzi, in the transaction. Amar Mody from Prominent Properties Sotheby’s represented the buyer, Debraj Addya. This closed deal showcases the successful collaboration between the parties involved.

Players

Gershon Adjaye

Keller Williams NYC

Broker

$49.4M

vol

27 deals

Broker
Re/Max
Re/MaxBrokerage

Union City CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

19.83%

Cash-on-Cash

-5.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93