Updated Dec 4, 2024
Coldwell Banker Brokers Sell Mixed-Use Property For $1.3M In North Bergen
2531 John F Kennedy Boulevard
$1,305,000
$114/SF
Building Size
11,400 SF
Asset Type
Mixed-use
Closing
Sep 6, 2023
About this deal
AI
A mixed-use property located at 2531 Kennedy Blvd in North Bergen was sold for a total price of $1,305,000. The property spans 11,400 square feet and has a price per square foot of $114.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $1,305,000
- Square Footage: 11,400
- Price per Square Foot: $114
- Address: 2531 Kennedy Boulevard, North Bergen
- Market: North Bergen
The transaction was handled by William Lawrence and Neat Camili from Coldwell Banker, who served as the brokers in the deal. They facilitated the sale of the property at 2531 Kennedy Blvd in North Bergen for the aforementioned price.
Players
North Bergen 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
12.16%
Cash-on-Cash
-3.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93