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Next Realty Sells Land On Leroy Street In Tenafly For $1.28M — Buyer Rep Orly Chen, Seller Rep Shimon Avrahami
SOLD
$1,280,000
New Jersey
See Similar DealsLand
Sold 01/23/2024
SOLD
Next Realty Sells Land On Leroy Street In Tenafly For $1.28M — Buyer Rep Orly Chen, Seller Rep Shimon Avrahami
63 Leroy Street
See Similar DealsLand
Sold 01/23/2024
Summary
NEW JERSEY
Asset Type:Land
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$68,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,547.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,067.85
Annual Debt Service$72,814.24
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