Updated Dec 4, 2024
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
About this deal
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.
The land sale at 178 Engle Street in Tenafly, New Jersey sold for $1.5M in 2024. 178 Engle Street is classified as Land on Traded. Rosemarie Campi, SungMin Lee, Sotheby's International Realty, Coldwell Banker appear on the sale alongside Sotheby's International Realty, Coldwell Banker. This page is the Tenafly, New Jersey file for the 178 Engle Street land sold: pricing, party profiles, and other closed land comps from the same Tenafly sit in the Market section below. Filter that Tenafly land set by closing date to see what else sold near 178 Engle Street around 2024. Published consideration for 178 Engle Street is $1.5M, dated 2024. Cite this SungMin Lee & Rosemarie Campi Facilitate $1.475M Land Sale In Tenafly sale when underwriting similar land product around Tenafly, New Jersey.
Players
Tenafly Land Market Snapshot
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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