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
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