Updated Dec 19, 2023
David A Kuritsky & Molly M Kuritsky Acquire Other Residential Property In Summit, NJ For $2.65M
124 Prospect Street, Summit, New Jersey 07901, United States
$2,650,000
Building Size
—
Asset Type
Co-Op
Closing
Mar 1, 2022
About this deal
AI
124 Prospect St, located in Summit, NJ, was recently sold for $2,650,000. The property is classified as Other Residential and was sold on 03/02/2022. The transaction involved the following parties:
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $2,650,000
- Address: 124 Prospect St, Summit, NJ
- Market: Summit, NJ
The buyer of the property is David A Kuritsky and Molly M Kuritsky. They were represented by their broker, David A Kuritsky & Molly M Kuritsky's REP. The seller of the property is Donna Gangi and Francis C Gangi. No additional details are available at this time.
Players
Summit Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93