Updated Sep 5, 2024
Keller Williams City Views Realty Brokers Mahdi Naebzadeh & Christian Torres Facilitate $1.1M Sale Of Multifamily Asset At 107 Temple Ter, Palisades Park, NJ
107 Temple Terrace, Palisades Park, NJ, USA
$1,102,000
$346/SF
Building Size
3,180 SF
Asset Type
MultiFamily
Closing
May 3, 2021
About this deal
AI
The multifamily property located at 107 Temple Ter in Palisades Park, NJ has been sold for a price of $1,102,000. The property is a part of the real estate market in Palisades Park.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,102,000
- Address: 107 Temple Ter
- Market: Palisades Park, NJ
The sale was facilitated by Mahdi Naebzadeh and Christian Torres, both affiliated with Keller Williams City Views Realty.
The multifamily sale at 107 Temple Terrace, Palisades Park, NJ, USA in Palisades Park, New Jersey sold for $1.1M in 2021. The building is 3,180 square feet, implying about 346 per square foot on the published price. Mahdi Naebzadeh, Christian Torres, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Palisades Park, New Jersey file for the 107 Temple Terrace, Palisades Park, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Palisades Park sit in the Market section below. Filter that Palisades Park multifamily set by closing date to see what else sold near 107 Temple Terrace, Palisades Park, NJ, USA around 2021. Published consideration for 107 Temple Terrace, Palisades Park, NJ, USA is $1.1M, dated 2021. Cite this Keller Williams City Views Realty Brokers Mahdi Naebzadeh & Christian Torres Facilitate $1.1M Sale Of Multifamily Asset At 107 Temple Ter, Palisades Park, NJ sale when underwriting similar multifamily product around Palisades Park, New Jersey.
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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
14.39%
Cash-on-Cash
-4.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93