Continental Real Estate Group Brokers $1.65M Multifamily Sale In Long Branch
SOLD
$1,650,000
New Jersey
See Similar DealsMultiFamily7,963 SF
Sold 02/02/2022
SOLD
Continental Real Estate Group Brokers $1.65M Multifamily Sale In Long Branch
147 Franklin Avenue, Long Branch, New Jersey 07740, United States
See Similar DealsMultiFamily7,963 SF
Sold 02/02/2022
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$207
Total Square Footage:7,963 SF
Transaction Type:Sale
The multifamily property located at 147 Franklin Ave in Long Branch has been sold for a price of $1,650,000. The sale was facilitated by Derek Eisenberg of Continental Real Estate Group.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Address: 147 Franklin Ave, Long Branch
- Market: Long Branch
- Broker: Derek Eisenberg - Continental Real Estate Group
This transaction involved the sale of a multifamily property, comprising of (additional details not mentioned in the first paragraph).
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
Is there something missing? Send suggestions