SungMin Lee & Rosemarie Campi Facilitate $1.475M Land Sale In Tenafly
178 Engle Street
$1,475,000
Building Size
—
Asset Type
Land
Closing
May 22, 2024
AI
Located at 178 Engle Street in Tenafly, the land property was successfully sold for $1,475,000. This transaction highlights the value of this property asset in the market.
Summary of transation details:
- Property Type: Land
- Transaction Amount: $1,475,000
- Address: 178 Engle Street
- Market: Tenafly
SungMin Lee from Coldwell Banker and Rosemarie Campi from Prominent Properties Sotheby's International Realty played pivotal roles as the buyer's and seller's representatives, respectively, in the successful sale of this land property.
Players
Tenafly Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.75%
Cash-on-Cash
-3.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93