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33 Stephan Drive

Barri Plawker Facilitates $1.57M Land Sale In Englewood Cliffs
SOLDLand

Barri Plawker Facilitates $1.57M Land Sale In Englewood Cliffs

33 Stephan Drive

$1,575,000

Building Size

Asset Type

Land

Closing

Apr 18, 2024

AI

33 Stephan Drive in Englewood Cliffs, a vacant land property, was sold for $1,575,000. The transaction, led by Barri Plawker of Howard Hanna Rand Realty, resulted in a price per lot square foot of $105 for the 15,049-square-foot parcel.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $1,575,000
  • Address: 33 Stephan Drive
  • Market: Englewood Cliffs
  • Lot Square Footage: 15,049
  • Price Per Lot Square Foot: $105

Barri Plawker from Howard Hanna Rand Realty played a crucial role in facilitating the sale of 33 Stephan Drive in Englewood Cliffs.

Players

Barri Plawker

Howard Hanna Rand Realty

Broker

$2.7M

vol

2 deals

Broker

Englewood Cliffs Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.07%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93