Prominent Properties Sotheby's Int Realty-Hoboken Acquires Multifamily Property In Cliffside Park For $1.275M
140 Rothwell Avenue, Cliffside Park, NJ 07010, USA
$1,275,000
$327/SF
Building Size
3,896 SF
Asset Type
MultiFamily
Closing
Jun 24, 2020
AI
A multifamily property located at 138-140 Rothwell Ave in Cliffside Park, NJ was recently sold for $1,275,000. The transaction took place on June 24, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,275,000
- Address: 138-140 Rothwell Ave, Cliffside Park, NJ
- Market: Cliffside Park, NJ
The buyer's representative in this transaction was Brenda Giacumbo from Prominent Properties Sotheby's International Realty-Hoboken. On the other hand, Mirjana Lambasa from Royal Signature Realty, LLC represented the seller.
Players
Cliffside Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93