Updated Oct 29, 2024
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
About this deal
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.
On the Map
$5,600,000
MultiFamily
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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