Updated Dec 21, 2023
Greg Yun Acquires Condo At 9 Avenue At Port Imperial In West New York
9 Avenue at Port Imperial, West New York, New Jersey 07093, United States
$1,473,000
$1,049/SF
Building Size
1,403 SF
Asset Type
—
Closing
Feb 17, 2022
About this deal
AI
A condo located at 9 Avenue at Port Imperial in West New York has been sold. The property, known as Nine on the Hudson, offers panoramic views of New York City. The condo features 2 bedrooms and 2 bathrooms, covering an area of 1,403 square feet. The asking price for the condo was $1,499,000, and it was sold for $1,473,000, resulting in a price per square foot of $1,050.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,473,000
- Square Footage: 1,403
- Address: 9 Avenue at Port Imperial, West New York
- Market: West New York
The buyer of the condo is Greg Yun. The transaction was facilitated by broker Jamie Moreng from Exp Realty. For more information, you can visit their website: www.movewithmoreng.com.
Players
West New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1K per square foot on a published $1.5M for 1,403 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.77%
Cash-on-Cash
-3.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93