Updated Dec 20, 2023
Daniel Lanni Of Kislak Brokerage Facilitates $1.25M Sale Of Multifamily Property On W State St, Trenton, NJ
1320 West State Street, Trenton, New Jersey 08618, United States
$1,250,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 24, 2022
About this deal
AI
A multifamily property located at 1320 W State St in Trenton, NJ has been sold for a price of $1,250,000. The sale was facilitated by Daniel Lanni of Kislak. The transaction took place on October 25, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Date: October 25, 2022
- Address: 1320 W State St, Trenton, NJ
- Broker: Daniel Lanni - Kislak
The sale of the multifamily property at 1320 W State St in Trenton, NJ was successfully completed by Daniel Lanni of Kislak. The transaction took place on October 25, 2022, and the property was sold for $1,250,000.
Players
Trenton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New Jersey multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93