Updated Dec 4, 2024
Montclair Multifamily Property Sold For $1.5M By Christian Dubuque-Strenz & Sibel Oz
137 Walnut Street
$1,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 30, 2024
About this deal
AI
137 Walnut Street, located in Montclair, is a multifamily property that was recently sold for $1.5 million. The transaction was facilitated by Christian Dubuque-Strenz and Sibel Oz from Prominent Properties Sotheby's International Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 137 Walnut Street
- Market: Montclair
Christian Dubuque-Strenz and Sibel Oz from Prominent Properties Sotheby's International Realty played vital roles as brokers in this sale.
The multifamily sale at 137 Walnut Street in Montclair, New Jersey sold for $1.5M in 2024. 137 Walnut Street is classified as Multifamily on Traded. Sibel Oz, Christian Dubuque-Strenz, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Montclair, New Jersey file for the 137 Walnut Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Montclair sit in the Market section below. Filter that Montclair multifamily set by closing date to see what else sold near 137 Walnut Street around 2024. Published consideration for 137 Walnut Street is $1.5M, dated 2024. Cite this Montclair Multifamily Property Sold For $1.5M By Christian Dubuque-Strenz & Sibel Oz sale when underwriting similar multifamily product around Montclair, New Jersey.
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Montclair MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93