Updated Sep 5, 2024
Keller Williams City Views Realty Brokers $1.36M Multifamily Sale In Palisades Park, NJ
100 West Edsall Boulevard, Palisades Park, NJ 07650, USA
$1,360,000
$272/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Sep 22, 2021
About this deal
AI
The multifamily property located at 100 W Edsall Blvd in Palisades Park, NJ has been sold for a price of $1,360,000. The property consists of 2 units with a price per unit of $680,000. It spans across a total square footage of 5,000, resulting in a price per square foot of $272. The sale was facilitated by Dohyung Lee of Keller Williams City Views Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,360,000
- Units: 2
- Price Per Unit: $680,000
- Square Footage: 5,000
- Price Per Square Foot: $272
The sale transaction was overseen by Dohyung Lee of Keller Williams City Views Realty, who represented the buyer and seller in the deal.
Players
Palisades Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93