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
Union City 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
19.83%
Cash-on-Cash
-5.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93