23-25 Sunset Terrace Multifamily Sells For $1.3M In Irvington, NJ | Buyer: 23-25 Sunset Terrace LLC, Seller: Eugeniusz Fidziukiewicz, LLC
23-25 Sunset Terrace, Irvington, New Jersey 07111, United States
$1,305,000
$123/SF
Building Size
10,536 SF
Asset Type
MultiFamily
Closing
Feb 3, 2022
AI
Located in Irvington, NJ, the multifamily property at 23-25 Sunset Terrace has recently been sold. The transaction took place on 02/04/2022, with the sale being facilitated by Jed Matricaria from Marcus & Millichap. The property spans an area of 10,536 square feet and is situated in a highly sought-after market.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,305,000
- Price per Square Foot: $124
- Address: 23-25 Sunset Terrace, Irvington, NJ
The buyer of the property is 23-25 Sunset Terrace LLC, while Eugeniusz Fidziukiewicz, LLC served as the seller. Jed Matricaria from Marcus & Millichap represented both parties in the transaction.
Irvington 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
12.16%
Cash-on-Cash
-3.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93