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20 Oak Street, Rochelle Par...

Century 21 Preferred Acquires Multifamily Property In Rochelle Park For $545K
SOLDMultiFamily

Century 21 Preferred Acquires Multifamily Property In Rochelle Park For $545K

20 Oak Street, Rochelle Park, New Jersey 07662, United States

$545,000

$99/SF

Building Size

5,500 SF

Asset Type

MultiFamily

Closing

May 31, 2022

AI

Located in Rochelle Park, the multifamily property at 20 Oak St recently changed hands in a closed transaction. The sale was facilitated by Diane Rivera, a top real estate broker from Century 21 Preferred Realty. With 20 years of experience in the industry, Rivera has built a reputation for connecting buyers and sellers in New Jersey.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $545,000
  • Square Footage: 5,500
  • Price per Square Foot: $99
  • Address: 20 Oak St, Rochelle Park
  • Market: Rochelle Park

Diane Rivera, representing Century 21 Preferred Realty, successfully completed the sale of the multifamily property. The transaction took place on 06/01/2022 and achieved a sale price of $545,000. With a size of 5,500 square feet, the property was sold at a price of $99 per square foot.

For more information or inquiries, interested parties can contact Diane Rivera at Century 21 Preferred Realty. The agency is located at 1915 Morris Ave, Union NJ 07083. Rivera can be reached at 908-688-3311 (office) or 973-809-7045 (cell). Additional details can also be found on Rivera's website: www.forsalebydianerivera.com.

Players

Diane Rivera

Century 21

Broker

$9.7M

vol

10 deals

Broker

Rochelle Park 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

29.11%

Cash-on-Cash

-8.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93