Updated Dec 19, 2023
BHHS Zack Shore Realtors Acquires Multifamily Property In Long Beach Township For $1.3M
101 E New York Ave, Beach Haven, NJ, USA
$1,300,000
$522/SF
Building Size
2,488 SF
Asset Type
MultiFamily
Closing
Feb 4, 2021
About this deal
AI
Located at 101 E New York Ave in Long Beach Township, this multifamily property recently sold for $1,300,000. The property spans across 2,488 square feet, resulting in a price per square foot of $523. The transaction took place on February 5, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Address: 101 E New York Ave
- Market: Long Beach Township
The sale was facilitated by Craig Stefanoni & Beverly Karch of BHHS Zack Shore Realtors. They represented the parties involved in this transaction.
Beach Haven 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93