Nat Gambuzza & Trevor Fiebel Of Berkadia Represent South Bound Brook Multifamily Sale Of 119 Elizabeth Street For $XXM
SOLD
New Jersey
See Similar DealsMultiFamily80,000 SF
Sold 02/27/2026
SOLD
Nat Gambuzza & Trevor Fiebel Of Berkadia Represent South Bound Brook Multifamily Sale Of 119 Elizabeth Street For $XXM
119 Elizabeth Street
See Similar DealsMultiFamily80,000 SF
Sold 02/27/2026
Summary
NEW JERSEY
Asset Type:MultiFamily
Total Square Footage:80,000 SF
Transaction Type:Sale
The property involved in the transaction is a multifamily asset located at 119 Elizabeth Street in South Bound Brook. This asset comprises a total of 80 units and spans 80,000 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 119 Elizabeth Street
- Market: South Bound Brook
- Units: 80
- Square Footage: 80,000
- Brokers: Nat Gambuzza & Trevor Fiebel - Berkadia
Nat Gambuzza and Trevor Fiebel, both from Berkadia, served as the brokers in this multifamily property transaction, facilitating the deal between the involved parties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$933,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$62,173.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$82,958.93
Annual Debt Service$995,507.14
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