Updated Dec 4, 2024
Bettina Steiger & Daniel Bowersock Facilitate $2.4M Land Sale In Avalon
146 West 22nd Street
$2,400,000
Building Size
—
Asset Type
Land
Closing
Mar 13, 2024
About this deal
AI
A land parcel at 146 West 22nd Street in Avalon was recently sold for $2.4 million.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,400,000
- Address: 146 22nd Street
- Market: Avalon
Bettina Steiger of Weichert Realtors represented the buyer, while Daniel Bowersock of Ferguson Dechert Real Estate represented the seller in this transaction.
The land sale at 146 West 22nd Street in Avalon, New Jersey sold for $2.4M in 2024. 146 West 22nd Street is classified as Land on Traded. Daniel Bowersock, Bettina Steiger, Weichert Realtors, Ferguson Dechert Real Estate appear on the sale alongside Weichert Realtors, Ferguson Dechert Real Estate. This page is the Avalon, New Jersey file for the 146 West 22nd Street land sold: pricing, party profiles, and other closed land comps from the same Avalon sit in the Market section below. Filter that Avalon land set by closing date to see what else sold near 146 West 22nd Street around 2024. Published consideration for 146 West 22nd Street is $2.4M, dated 2024. Cite this Bettina Steiger & Daniel Bowersock Facilitate $2.4M Land Sale In Avalon sale when underwriting similar land product around Avalon, New Jersey.
Players
Avalon Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93