Updated Sep 5, 2024
Keller Williams Village Square Realty Acquires Multifamily Property In Kearny, NJ For $1.2M
200 Chestnut St, Kearny, NJ, USA
$1,200,000
$240/SF
Building Size
5,001 SF
Asset Type
MultiFamily
Closing
Oct 25, 2021
About this deal
AI
A multifamily property located at 200 Chestnut St in Kearny, NJ has been sold. The sale was facilitated by Keith J. Duffy from Keller Williams Village Square Realty.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,200,000
- Address: 200 Chestnut St
- Market: Kearny, NJ
- Units: 6
- Price Per Unit (PPU): $200,000
The property transaction on 10/25/2021 involved the sale of a multifamily asset consisting of 6 units. The sale price was $1,200,000, resulting in a price per unit of $200,000. Keith J. Duffy, representing Keller Williams Village Square Realty, acted as the broker for this deal.
Kearny 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