facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

130 Pearl Place, Perth Ambo...

Isaac Niederman Acquires Pearl Pl Apartments In Perth Amboy, NJ For $1.12M
SOLDMultiFamily

Isaac Niederman Acquires Pearl Pl Apartments In Perth Amboy, NJ For $1.12M

130 Pearl Place, Perth Amboy, New Jersey 08861, United States

$1,120,000

Building Size

Asset Type

MultiFamily

Closing

Mar 22, 2022

AI

The property asset involved in this transaction is an apartment located at 130 Pearl Pl, Perth Amboy, NJ. The sale took place on March 23, 2022, with a transaction amount of $1,120,000. The buyer of the property is Isaac Niederman, and the seller is Solomon Plutchok.

Summary of transaction details

  • Property Type: Apartments
  • Transaction Amount: $1,120,000
  • Address: 130 Pearl Pl, Perth Amboy, NJ
  • Market: Perth Amboy, NJ

Isaac Niederman acted as the buyer in this deal, while Solomon Plutchok served as the seller. This transaction showcases the exchange of ownership for the apartment property located at 130 Pearl Pl. The details provided in the first paragraph highlight the key factors, including the property's address, sale price, and the involved individuals and companies.

Players

Isaac Niederman

Buyer

$15M

vol

7 deals

Buyer

Solomon Plutchok

Seller

$10.8M

vol

6 deals

Seller

Perth Amboy MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.16%

Cash-on-Cash

-4.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93