Updated Dec 4, 2024
Cliffside Park Multifamily Sold For $1.4M With Buyer's Rep Sherif Fanous
211 Delia Lane
$1,400,000
Units
4
Asset Type
MultiFamily
Closing
Dec 29, 2023
About this deal
AI
211 Delia Lane in Cliffside Park is a multifamily property consisting of 4 units. The property has recently been sold for $1,400,000, with a per-unit price of $350,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 211 Delia Lane
- Market: Cliffside Park
- Units: 4
- Price Per Unit: $350,000
The transaction was facilitated by Sherif Fanous of RE/MAX Villa, Realtors as the broker representing the deal.
The multifamily sale at 211 Delia Lane in Cliffside Park, New Jersey sold for $1.4M in 2023. Reported inventory is 4 units across 4 units. Sherif Fanous, Re/Max appear on the sale alongside Re/Max. This page is the Cliffside Park, New Jersey file for the 211 Delia Lane multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Cliffside Park sit in the Market section below. Filter that Cliffside Park multifamily set by closing date to see what else sold near 211 Delia Lane around 2023. Published consideration for 211 Delia Lane is $1.4M, dated 2023. Cite this Cliffside Park Multifamily Sold For $1.4M With Buyer's Rep Sherif Fanous sale when underwriting similar multifamily product around Cliffside Park, New Jersey.
Players
Cliffside 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93