Updated Dec 21, 2023
Griffin Chesnik & Nancy Chesnik Acquires Other Residential Property In Westfield, NJ For $2.1M
910 Highland Avenue, Westfield, New Jersey 07090, United States
$2,100,000
$498/SF
Building Size
4,215 SF
Asset Type
Co-Op
Closing
Dec 14, 2021
About this deal
AI
The property involved in this closed transaction is an Other Residential asset located at 910 Highland Ave in Westfield, NJ. The property spans 4,215 square feet and was sold for a price of $2,100,000, resulting in a price per square foot of $498.
Summary of transaction details:
- Property Type: Other Residential
- Transaction Amount: $2,100,000
- Address: 910 Highland Ave
- Market: Westfield, NJ
- Buyer: Griffin Chesnik & Nancy Chesnik
- Seller: Christian Channell & Jayne Channell
The buyers in this transaction are represented by Griffin Chesnik & Nancy Chesnik. They successfully acquired the property from the sellers, Christian Channell & Jayne Channell.
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93