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Montclair Multifamily Property Sold For $1.5M By Christian Dubuque-Strenz & Sibel Oz

Property Image
SOLD
$1,500,000
Sibel Oz
Christian Dubuque-Strenz

New Jersey

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MultiFamily
Sold 01/30/2024
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Property Image
SOLD

Montclair Multifamily Property Sold For $1.5M By Christian Dubuque-Strenz & Sibel Oz

137 Walnut Street

See Similar Deals
MultiFamily
Sold 01/30/2024
Sibel Oz
Christian Dubuque-Strenz
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

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.

Players

Sibel Oz
Sotheby's International Realty
Sibel Oz
4 deals$8.9M volume
BROKER
Christian Dubuque-Strenz
Sotheby's International Realty
Christian Dubuque-Strenz
1 deal$1.5M volume(973) 868-9414
BROKER

Details

SOLD
IMAGE: Christian Dubuque-Strenz & & Sibel Oz DATE: 01/30/2024 ADDRESS: 137 Walnut Street MARKET: Montclair ASSET TYPE: Multifamily BROKERS: Christian Dubuque-Strenz (@ChristianDubuque) & Sibel Oz - Prominent Properties Sotheby's International Realty (@PromPropSIR) SALE PRICE: $1,500,000 NOTE: 137 Walnut Street in Montclair, a multifamily property, was sold for $1.5 million. The brokers involved were Christian Dubuque-Strenz and Sibel Oz from Prominent Properties Sotheby's International Realty.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
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