Updated Sep 9, 2024
Billy Pena Of Keller Williams Park Views Sells Multifamily Property At 207-209 Sanford Ave, Lyndhurst, NJ For $1.13M
207 Sanford Avenue, Lyndhurst, NJ, USA
$1,130,000
$259/SF
Building Size
4,360 SF
Asset Type
MultiFamily
Closing
Oct 7, 2021
About this deal
AI
The multifamily property located at 207-209 Sanford Ave in Lyndhurst, NJ has been sold for a price of $1,130,000. The property consists of 2 units, with a price per unit of $565,000. The sale was facilitated by Billy Pena, a representative from Keller Williams Park Views.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,130,000
- Address: 207-209 Sanford Ave, Lyndhurst, NJ
- Market: Lyndhurst, NJ
- Units: 2
- Price Per Unit: $565,000
Billy Pena from Keller Williams Park Views played a crucial role as the broker in this transaction. The sale of this multifamily property marks a significant milestone for both the buyer and the seller.
Players
Lyndhurst 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
14.04%
Cash-on-Cash
-4.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93