Updated Sep 5, 2024
William E. Barraza Of Keller Williams Realty Sells Multifamily Property In Union City For $1.175M
1501 Central Avenue, Union City, New Jersey 07087, United States
$1,175,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 6, 2022
About this deal
AI
A multifamily property located at 1501 Central Ave in Union City has been sold for a total price of $1,175,000. The property, represented by William E. Barraza of Keller Williams Realty, was a part of the transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Address: 1501 Central Ave
- Market: Union City
William E. Barraza from Keller Williams Realty served as the seller's representative in this deal.
The multifamily sale at 1501 Central Avenue, Union City, New Jersey 07087, United States in Union City, New Jersey sold for $1.2M in 2022. 1501 Central Avenue, Union City, New Jersey 07087, United States is classified as Multifamily on Traded. William E. Barraza, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Union City, New Jersey file for the 1501 Central Avenue, Union City, New Jersey 07087, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Union City sit in the Market section below. Filter that Union City multifamily set by closing date to see what else sold near 1501 Central Avenue, Union City, New Jersey 07087, United States around 2022. Published consideration for 1501 Central Avenue, Union City, New Jersey 07087, United States is $1.2M, dated 2022. Cite this William E. Barraza Of Keller Williams Realty Sells Multifamily Property In Union City For $1.175M sale when underwriting similar multifamily product around Union City, New Jersey.
Union City 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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93