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1910 Grand Avenue, North Be...

Jeffrey Spector's Christie's International Acquires Multifamily Property In North Bergen For $1.08M
SOLDMultiFamily

Jeffrey Spector's Christie's International Acquires Multifamily Property In North Bergen For $1.08M

1910 Grand Avenue, North Bergen, New Jersey 07047, United States

$1,080,000

$354/SF

Building Size

3,045 SF

Asset Type

MultiFamily

Closing

May 10, 2022

AI

The multifamily property located at 1910 Grand Ave in North Bergen, NJ has been sold for a total price of $1,080,000. The transaction took place on May 11, 2022, and was captured in an image by Mary Pamos.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,080,000
  • Address: 1910 Grand Ave, North Bergen, NJ
  • Market: North Bergen, NJ

In this transaction, the buyer was represented by Jeffrey Spector from Christie's International, while the seller was represented by Mary Pamos from Liberty Realty Inc.

Players

Mary Pamos

Liberty Realty

Broker

$1.1M

vol

1 deal

Broker

North Bergen 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

14.69%

Cash-on-Cash

-4.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93