Updated Dec 4, 2024
Paul Kim Of 2Win Realty Brokers $1.18M Sale Of Multifamily Property In Fort Lee
1431 14th Street
$1,180,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 30, 2024
About this deal
AI
A multifamily property located at 1431 14th Street in Fort Lee was involved in a recent closed transaction. The sale price for this asset was $1,180,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Address: 1431 14th Street
- Market: Fort Lee
- Buyer's Representative: RE/MAX Fortune Properties
- Seller's Representative: Paul Kim - 2Win Realty
Paul Kim of 2Win Realty facilitated the transaction, representing the seller, while RE/MAX Fortune Properties represented the buyer in this deal.
The multifamily sale at 1431 14th Street in Fort Lee, New Jersey sold for $1.2M in 2024. 1431 14th Street is classified as Multifamily on Traded. Paul Kim, 2Win Realty appear on the sale alongside 2Win Realty. This page is the Fort Lee, New Jersey file for the 1431 14th Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Fort Lee sit in the Market section below. Filter that Fort Lee multifamily set by closing date to see what else sold near 1431 14th Street around 2024. Published consideration for 1431 14th Street is $1.2M, dated 2024. Cite this Paul Kim Of 2Win Realty Brokers $1.18M Sale Of Multifamily Property In Fort Lee sale when underwriting similar multifamily product around Fort Lee, New Jersey.
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Fort Lee 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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93