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176 Pulaski Avenue, Perth A...

Updated Dec 19, 2023

Isaac Niederman Acquires Apartment At 174-176 Pulaski Ave In Perth Amboy, NJ For $1.49M
SOLDMultiFamily

Isaac Niederman Acquires Apartment At 174-176 Pulaski Ave In Perth Amboy, NJ For $1.49M

176 Pulaski Avenue, Perth Amboy, New Jersey 08861, United States

$1,490,000

Building Size

Asset Type

MultiFamily

Closing

Mar 22, 2022

About this deal

AI

The apartment property located at 174-176 Pulaski Ave in Perth Amboy, NJ has been sold for a price of $1,490,000. The sale took place on March 23, 2022. The property is an apartment building.

Summary of transaction details:

  • Property Type: Apartment
  • Transaction Amount: $1,490,000
  • Address: 174-176 Pulaski Ave, Perth Amboy, NJ
  • Market: Perth Amboy, NJ

The buyer of the property is Isaac Niederman, while the seller is Solomon Plutchok.

The multifamily sale at 176 Pulaski Avenue, Perth Amboy, New Jersey 08861, United States in Perth Amboy, New Jersey sold for $1.5M in 2022. 176 Pulaski Avenue, Perth Amboy, New Jersey 08861, United States is classified as Multifamily on Traded. Named participants on the 176 Pulaski Avenue, Perth Amboy, New Jersey 08861, United States sale are Solomon Plutchok, Isaac Niederman. This page is the Perth Amboy, New Jersey file for the 176 Pulaski Avenue, Perth Amboy, New Jersey 08861, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Perth Amboy sit in the Market section below. Filter that Perth Amboy multifamily set by closing date to see what else sold near 176 Pulaski Avenue, Perth Amboy, New Jersey 08861, United States around 2022. Published consideration for 176 Pulaski Avenue, Perth Amboy, New Jersey 08861, United States is $1.5M, dated 2022. Cite this Isaac Niederman Acquires Apartment At 174-176 Pulaski Ave In Perth Amboy, NJ For $1.49M sale when underwriting similar multifamily product around Perth Amboy, New Jersey.

Players

Isaac Niederman

Buyer

$15M

vol

7 deals

Buyer

Solomon Plutchok

Seller

$10.8M

vol

6 deals

Seller

Perth Amboy 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

10.65%

Cash-on-Cash

-3.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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