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490 Highview Road, Englewoo...

Updated Sep 5, 2024

Basil Skaltsis Acquires 1.39 Acres Of Land In Englewood For $1.6M
SOLD

Basil Skaltsis Acquires 1.39 Acres Of Land In Englewood For $1.6M

490 Highview Road, Englewood, New Jersey 07631, United States

$1,600,000

Building Size

Asset Type

Closing

Feb 16, 2022

About this deal

AI

Located at 490 Highview Rd in Englewood, this property is a 1.39-acre land asset. The transaction took place on 02/17/2022 and was sold for $1,600,000. The sale was facilitated by Basil Skaltsis from the corporateRealty agency.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,600,000
  • Address: 490 Highview Rd
  • Market: Englewood
  • Asset Type: Land
  • Size: 1.39 acres

This sale transaction highlights the involvement of Basil Skaltsis from the corporateRealty agency, who played a crucial role as the broker in the deal.

Players

Basil Skaltsis

Corporate Realty

Broker

$3.2M

vol

2 deals

Broker

Englewood 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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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