Updated Dec 21, 2023
Century 21 Semiao & Associates Acquires West New York Multifamily For $1.2M
15 66th St, West New York, NJ, USA
$1,200,000
$480/SF
Building Size
2,500 SF
Asset Type
MultiFamily
Closing
Sep 16, 2021
About this deal
AI
A multifamily property located at 15 66th St in West New York, NJ, has been sold for $1,200,000. The transaction took place on 09/17/2021. The property consists of 6 units, resulting in a price per unit (PPU) of $200,000. The sale was facilitated by Michelle Maccaquano, a representative from Century 21 Semiao & Associates, Hasbrouck Heights.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 6
- Price per Unit: $200,000
- Date: 09/17/2021
- Address: 15 66th St, West New York, NJ
- Market: West New York, NJ
The broker handling the sale was Michelle Maccaquano from Century 21 Semiao & Associates, Hasbrouck Heights. They played a pivotal role in connecting the buyer and seller and facilitating the successful transaction of this multifamily property in West New York, NJ.
Players
West New York 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93