Anthony Cacciola Sells Multifamily Property At 204 Church Street In Boonton For $6.35M
204 Church Street
$6,350,000
$211/SF
Building Size
30,000 SF
Asset Type
MultiFamily
Closing
Dec 10, 2025
AI
A multifamily property located at 204 Church Street in Boonton has been sold for a price of $6,350,000. This asset consists of 22 units, with a price per unit of $288,636. The total square footage of the property is 30,000, translating to a price per square foot of $211.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,350,000
- Units: 22
- Price per Unit: $288,636
- Total Square Footage: 30,000
- Price per Square Foot: $211
- Seller: Anthony Cacciola
- Broker: Manveer Sanghera - Veerman Asset Management
- Date of Transaction: 12/11/2025
This transaction reflects the collaboration between seller Anthony Cacciola and his broker representative Manveer Sanghera from Veerman Asset Management, facilitating the deal for the multifamily property in the Boonton market.
Players
Boonton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.50%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93