Updated Dec 19, 2023
Isaac Niederman Acquires Apartment In Perth Amboy, NJ For $2.67M
203 Market Street, Perth Amboy, New Jersey 08861, United States
$2,670,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 22, 2022
About this deal
AI
An apartment located at 203 Market St, Perth Amboy, NJ has been sold for $2,670,000. The transaction took place on March 23rd, 2022. The property is situated in a prime market area and offers potential for a lucrative investment.
Summary of transaction details:
- Property Type: Apartment
- Transaction Amount: $2,670,000
- Address: 203 Market St, Perth Amboy, NJ
- Market: Perth Amboy, NJ
The buyer of the apartment is Isaac Niederman, while the seller is Solomon Plutchok. The transaction was successfully completed, and both parties were represented by their respective brokers.
On the Map
$2,670,000
MultiFamily
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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
5.94%
Cash-on-Cash
-1.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93