Updated Dec 4, 2024
Coldwell Banker Brokers Facilitate $1.2M Sale Of Multifamily Property In Fort Lee
17 Short Street
$1,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 5, 2023
About this deal
AI
A multifamily property at 17 Short Street in Fort Lee has been sold for $1,200,000. The transaction was facilitated by brokers Hyuk Soo Lee and Sharon Lee of Coldwell Banker.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 17 Short Street
- Market: Fort Lee
- Brokers: Hyuk Soo Lee & Sharon Lee - Coldwell Banker
The brokers who represented the deal were Hyuk Soo Lee and Sharon Lee from Coldwell Banker. They successfully facilitated the sale of the multifamily property at 17 Short Street in Fort Lee.
Players
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93