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93 Elmwood Avenue, Passaic,...

Updated Dec 21, 2023

Moshe D Slepoy & Shoshana S Slepoy Acquire Other Residential Property In Passaic, NJ For $2M
SOLDCo-Op

Moshe D Slepoy & Shoshana S Slepoy Acquire Other Residential Property In Passaic, NJ For $2M

93 Elmwood Avenue, Passaic, New Jersey 07055, United States

$2,000,000

Building Size

Asset Type

Co-Op

Closing

Mar 29, 2022

About this deal

AI

A residential property located at 93 Elmwood Ave in Passaic, NJ was recently sold. The transaction took place on March 30, 2022, and the property was categorized as an Other Residential asset.

Summary of transaction details

  • Property Type: Other Residential
  • Transaction Amount: $2,000,000

The buyers of the property were Moshe D Slepoy & Shoshana S Slepoy, while the sellers were Aaron Silberberg, Nechama B Wolf, and Chaim Wolf.

Note: No additional information is available regarding the property or individuals involved in the transaction.

Players

Passaic 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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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