Updated Sep 9, 2024
Keller Williams City Views Represents Sale Of Land In West New York For $1.2M
5900 Washington Street, West New York, New Jersey 07093, United States
$1,228,000
$635/SF
Building Size
1,932 SF
Asset Type
—
Closing
Jan 3, 2022
About this deal
AI
The land located at 5900 Washington St in West New York has been sold for a price of $1,228,000. The transaction took place on 01/04/2022. The property is a valuable asset in the market.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,228,000
- Address: 5900 Washington St
- Market: West New York
The sale was facilitated by Nevil Kalkan from Keller Williams City Views. Nevil Kalkan acted as the broker representing the parties involved in the transaction.
The commercial sale at 5900 Washington Street, West New York, New Jersey 07093, United States in West New York, New Jersey sold for $1.2M in 2022. The building is 1,932 square feet, implying about 635 per square foot on the published price. Nevil Kalkan, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the West New York, New Jersey file for the 5900 Washington Street, West New York, New Jersey 07093, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same West New York sit in the Market section below. Filter that West New York commercial set by closing date to see what else sold near 5900 Washington Street, West New York, New Jersey 07093, United States around 2022. Published consideration for 5900 Washington Street, West New York, New Jersey 07093, United States is $1.2M, dated 2022. Cite this Keller Williams City Views Represents Sale Of Land In West New York For $1.2M sale when underwriting similar commercial product around West New York, New Jersey.
West New York 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
12.92%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93