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63 Leroy Street

Next Realty Sells Land On Leroy Street In Tenafly For $1.28M — Buyer Rep Orly Chen, Seller Rep Shimon Avrahami
SOLDLand

Next Realty Sells Land On Leroy Street In Tenafly For $1.28M — Buyer Rep Orly Chen, Seller Rep Shimon Avrahami

63 Leroy Street

$1,280,000

Building Size

Asset Type

Land

Closing

Jan 23, 2024

AI

63 Leroy Street in Tenafly was sold as land for $1,280,000. The property is located in the Tenafly market.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,280,000
  • Date: 01/23/2024
  • Address: 63 Leroy Street
  • Market: Tenafly

Orly Chen from Re/Max Properties Plus represented the buyer, while Shimon Avrahami from Next Realty represented the seller in this transaction.

NOTE: 63 Leroy Street in Tenafly was sold as land for $1,280,000, with Orly Chen from Re/Max Properties Plus representing the buyer and Shimon Avrahami from Next Realty of Tenafly representing the seller.

Players

Shimon Avrahami

Next Realty

Broker

$1.3M

vol

1 deal

Broker

Tenafly 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

12.39%

Cash-on-Cash

-3.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93