Updated Dec 21, 2023
Howard Stipe Acquires Other Residential Property On Easton Ave In New Brunswick For $1.5M
160 Easton Avenue, New Brunswick, New Jersey 08901, United States
$1,500,000
$324/SF
Building Size
4,620 SF
Asset Type
Co-Op
Closing
Jul 5, 2022
About this deal
AI
The property involved in this closed transaction is an Other Residential located at 160 Easton Ave in New Brunswick, NJ. The property spans a total of 4,620 square feet. The transaction took place on 07/06/2022, with a sale price of $1,500,000. The price per square foot (PPSF) comes out to be $324.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $1,500,000
Howard Stipe purchased the property from Joseph M Fuoco & Carol Lee Fuoco, who were the sellers in this transaction.
Players
New Brunswick Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $324 per square foot on a published $1.5M for 4,620 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93