Updated Dec 22, 2023
Tina R. Torres Of RE/MAX Lifetime Realtors Sells Mixed-Use Property On Pulaski St In Newark For $1.05M
58 Pulaski Street, Newark, New Jersey 07105, United States
$1,050,000
Units
3
Asset Type
Mixed-use
Closing
May 22, 2022
About this deal
AI
Located at 58 Pulaski St in Newark, this mixed-use property recently changed hands in a sale transaction. The deal was facilitated by Tina R. Torres of RE/MAX Lifetime Realtors, who represented the seller. The property consists of three units, making it an attractive investment opportunity.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $1,050,000
- Units: 3
- Price per unit: $350,000
- Seller's Representative: Tina R. Torres - RE/MAX Lifetime Realtors
- Date: 05/23/2022
- Address: 58 Pulaski St, Newark
This sale transaction showcases the successful collaboration of the seller's representative, Tina R. Torres, in closing the deal for the mixed-use property located at 58 Pulaski St. With a sale price of $1,050,000 and three units available, this property presents a promising opportunity for its new owner.
Players
Newark 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93