110 Halsted St, East Orange, NJ, 07018
110 Halsted St, East Orange, NJ, 07018
$5,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 110 Halsted St, East Orange, NJ, 07018. The sale price was $5,600,000. The property falls within the East Orange market, with no square footage specified.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,600,000.00
- Address: 110 Halsted St, East Orange, NJ, 07018
- Market: East Orange
- Seller's Representative: David Oropeza - Gebroe-Hammer Associates
- Buyer: Saket Properties & Management LLC
This transaction was part of three separate sales mediated by Gebroe-Hammer Associates, totaling $31.7 million across four multifamily properties. David Oropeza represented the seller, ABS9 110 Halsted LLC, in this deal.
East Orange 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93