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21 Manchester Drive, Westfi...

Updated Dec 19, 2023

Adam S Levien & Esther Y Pak Acquire Westfield, NJ Other Residential For $1.35M
SOLDCo-Op

Adam S Levien & Esther Y Pak Acquire Westfield, NJ Other Residential For $1.35M

21 Manchester Drive, Westfield, New Jersey 07090, United States

$1,350,000

Building Size

Asset Type

Co-Op

Closing

Mar 23, 2022

About this deal

AI

The property at 21 Manchester Dr in Westfield, NJ was recently sold for $1,350,000. The transaction took place on March 24, 2022. This property is classified as Other Residential in the market.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $1,350,000

The buyers of the property are Adam S Levien and Esther Y Pak. They purchased the property from Carly Edelson and David Edelson.

The co op sale at 21 Manchester Drive, Westfield, New Jersey 07090, United States in Westfield, New Jersey sold for $1.4M in 2022. 21 Manchester Drive, Westfield, New Jersey 07090, United States is classified as Co Op on Traded. This page is the Westfield, New Jersey file for the 21 Manchester Drive, 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 21 Manchester Drive, Westfield, New Jersey 07090, United States around 2022. Published consideration for 21 Manchester Drive, Westfield, New Jersey 07090, United States is $1.4M, dated 2022. Cite this Adam S Levien & Esther Y Pak Acquire Westfield, NJ Other Residential For $1.35M 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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