Barri Plawker & Elainie Dimoudis Of Howard Hanna Rand Realty Represent Buyer In Closter Multifamily Sale For $1.075M
137 Closter Dock Road
$1,075,000
$259/SF
Building Size
4,144 SF
Asset Type
MultiFamily
Closing
Aug 9, 2024
AI
A Victorian Colonial multi-family residence at 137 Closter Dock Road in Closter sold for $1.075 million. The property spans 4,144 square feet and is priced at $259 per square foot. It offers historic charm and modern updates, with potential for conversion into a large single-family home.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Square Footage: 4,144
- Price per Square Foot: $259
- Acres: 0.45
- Buyer's Representative: Barri Plawker & Elainie Dimoudis - Howard Hanna Rand Realty
- Seller's Representative: Miriam Lambert - Christie's International Real Estate
- Date of Sale: 08/09/2024
- Market: Closter
The transaction involved Barri Plawker and Elainie Dimoudis representing the buyer, while Miriam Lambert represented the seller. Their respective agencies are Howard Hanna Rand Realty and Christie's International Real Estate.
Players
Closter 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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93