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20 Claire Avenue, Woodbridg...

Realty Capital Finance Acquires Multifamily Property In Woodbridge For $3.15M
FINANCEDMultiFamily

Realty Capital Finance Acquires Multifamily Property In Woodbridge For $3.15M

20 Claire Avenue, Woodbridge, New Jersey 07095, United States

$3,150,000

$204/SF

Building Size

15,399 SF

Asset Type

MultiFamily

Closing

Jun 30, 2022

AI

The multifamily property located at 20 Claire Ave in Woodbridge was recently involved in a closed transaction. The property spans approximately 15,399 square feet, making it a significant investment opportunity.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $3,150,000
  • Address: 20 Claire Ave, Woodbridge
  • Market: Woodbridge

Realty Capital Finance LLC, represented by Mark Safrin, Heshy Safrin, and Mo Weinberg, provided the necessary loan for the acquisition. The loan amount totaled $3,150,000, highlighting the significant investment made in this transaction.

Players

Mark Safrin

Realty Capital Finance LLC

Lender

$43.9M

vol

6 deals

Lender
Realty Capital Finance
Realty Capital FinanceLender

Woodbridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.04%

Cash-on-Cash

-1.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93