SOLD
110 Halsted St, East Orange, NJ, 07018
110 Halsted St, East Orange, NJ, 07018
See Similar DealsMultiFamily
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$298,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,895.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,546.86
Annual Debt Service$318,562.28
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