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250 High Street, Nutley, Ne...

Tom Misuraca & James Conticello Acquire Mixed-Use Property In Nutley For $1.375M
SOLDMixed-use

Tom Misuraca & James Conticello Acquire Mixed-Use Property In Nutley For $1.375M

250 High Street, Nutley, New Jersey 07110, United States

$1,375,000

Building Size

Asset Type

Mixed-use

Closing

Jun 16, 2022

AI

The mixed-use property located at 250 High St in Nutley has been sold for a price of $1,375,000. This transaction took place on 06/17/2022. The property consists of 5 units, with each unit valued at approximately $275,000.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $1,375,000
  • Units: 5
  • Price Per Unit: $275,000
  • Date: 06/17/2022
  • Address: 250 High St, Nutley

The transaction was facilitated by Tom Misuraca and James Conticello of Keller Williams City Life Realty. They represented the parties involved in the deal. Tom Misuraca and James Conticello acted as the brokers for this sale.

Players

Tom Misuraca

Keller Williams Realty

Broker

$30.7M

vol

13 deals

Broker

Nutley Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.54%

Cash-on-Cash

-3.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93