Updated Nov 19, 2023
Remy Schneier & Daniel Stadlin Acquire Other Residential Property In Westfield, NJ For $1.215M
1100 Lawrence Avenue, Westfield, New Jersey 07090, United States
$1,215,000
$405,000/SF
Building Size
3 SF
Asset Type
Co-Op
Closing
Jan 11, 2022
About this deal
AI
An Other Residential property located at 1100 Lawrence Ave in Westfield, NJ has been sold. The property spans 3,008 square feet and was sold for $1,215,000, resulting in a price per square foot of $403.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,215,000
- Address: 1100 Lawrence Ave, Westfield, NJ
- Market: Westfield, NJ
The buyers of the property are Remy Schneier and Daniel Stadlin, while the sellers are Anne Las Klein and Robert M Klein.
The co op sale at 1100 Lawrence Avenue, Westfield, New Jersey 07090, United States in Westfield, New Jersey sold for $1.2M in 2022. The building is 3 square feet, implying about 405K per square foot on the published price. Named participants on the 1100 Lawrence Avenue, Westfield, New Jersey 07090, United States sale are Robert Klein. This page is the Westfield, New Jersey file for the 1100 Lawrence Avenue, Westfield, New Jersey 07090, United States co op sold: pricing, party profiles, and other closed co op comps from the same Westfield sit in the Market section below. Filter that Westfield co op set by closing date to see what else sold near 1100 Lawrence Avenue, Westfield, New Jersey 07090, United States around 2022. Published consideration for 1100 Lawrence Avenue, Westfield, New Jersey 07090, United States is $1.2M, dated 2022. Cite this Remy Schneier & Daniel Stadlin Acquire Other Residential Property In Westfield, NJ For $1.215M sale when underwriting similar co op product around Westfield, New Jersey.
Players
Westfield Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.06%
Cash-on-Cash
-3.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93