Updated Dec 20, 2023
Daniel Lanni's Kislak Completes $3M Sale Of Multifamily Property In Keansburg, NJ
14-32 Hancock Street, Keansburg, New Jersey 07734, United States
$3,000,000
Units
20
Asset Type
MultiFamily
Closing
Jan 26, 2022
About this deal
AI
A multifamily property located at 14-32 Hancock St in Keansburg, NJ, has been sold for $3,000,000. The transaction took place on January 27, 2022. The property consists of 20 units, with a per unit price of $150,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Address: 14-32 Hancock St
- Market: Keansburg, NJ
- Units: 20
- Price per Unit: $150,000
The sale of this multifamily property was brokered by Daniel Lanni from Kislak.
The multifamily sale at 14-32 Hancock Street, Keansburg, New Jersey 07734, United States in Keansburg, New Jersey sold for $3M in 2022. Reported inventory is 20 units across 20 units. Daniel Lanni, Kislak appear on the sale alongside Kislak. This page is the Keansburg, New Jersey file for the 14-32 Hancock Street, Keansburg, New Jersey 07734, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Keansburg sit in the Market section below. Filter that Keansburg multifamily set by closing date to see what else sold near 14-32 Hancock Street, Keansburg, New Jersey 07734, United States around 2022. Published consideration for 14-32 Hancock Street, Keansburg, New Jersey 07734, United States is $3M, dated 2022. Cite this Daniel Lanni's Kislak Completes $3M Sale Of Multifamily Property In Keansburg, NJ sale when underwriting similar multifamily product around Keansburg, New Jersey.
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Keansburg 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93