Daily limit: 0/10
Lawrence Greenberg Brokers $3.5M Sale Of Land In Mantoloking
SOLD
$3,500,000
New Jersey
See Similar DealsLand
Sold 04/29/2024
SOLD
Lawrence Greenberg Brokers $3.5M Sale Of Land In Mantoloking
1023 Ocean Avenue
See Similar DealsLand
Sold 04/29/2024
Summary
NEW JERSEY
Asset Type:Land
Transaction Type:Sale
A land parcel spanning 0.79 acres, situated at 1023 Ocean Avenue in Mantoloking, was recently sold for $3,500,000. The sale was facilitated by Lawrence Greenberg of M. Van Sciver Realtors.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,500,000
- Address: 1023 Ocean Avenue
- Market: Mantoloking
- Broker: Lawrence Greenberg - M. Van Sciver Realtors
The transaction at 1023 Ocean Avenue was successfully closed by M. Van Sciver Realtors' representative, Lawrence Greenberg, showcasing his expertise in facilitating property deals in the Mantoloking market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
Is there something missing? Send suggestions