Keller Williams Represents Sale Of Mixed-Use Property In Harrison For $1.17M
SOLD
$1,170,000
New Jersey
See Similar DealsMixed-use8,000 SF
Sold 02/05/2021
SOLD
Keller Williams Represents Sale Of Mixed-Use Property In Harrison For $1.17M
770 Harrison Avenue, Harrison, NJ, USA
See Similar DealsMixed-use8,000 SF
Sold 02/05/2021
Summary
NEW JERSEY
Asset Type:Mixed-use
Price Per Square Foot:$146
Total Square Footage:8,000 SF
Transaction Type:Sale
The mixed-use property located at 770 Harrison Ave in the Harrison market has been sold for $1,170,000. The transaction took place on 02/05/2021. The property spans 8,000 square feet, resulting in a price per square foot of $146.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,170,000
- Address: 770 Harrison Ave
- Market: Harrison
- Square footage: 8,000
- Price per square foot: $146
The sale of the property was facilitated by Lilia Roman & Bruce Elia, Jr. from Keller Williams. They served as brokers in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,156.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,546.40
Annual Debt Service$66,556.76
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