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23 Denison Drive East

Maxwell Stokes Of Keller Williams Realty Represents Buyer In Saddle River Multifamily Sale For $9.25M
SOLDMultiFamily

Maxwell Stokes Of Keller Williams Realty Represents Buyer In Saddle River Multifamily Sale For $9.25M

23 Denison Drive East

$9,250,000

$770/SF

Building Size

12,000 SF

Asset Type

MultiFamily

Closing

Aug 17, 2026

AI

The property asset involved in this transaction is a multifamily building located at 23 Denison Drive East in the Saddle River market. The sale price for this property was $9,250,000, with a total square footage of 12,000, resulting in a price per square foot of $770.

Summary of transaction details:

Maxwell Stokes represented the buyer in this transaction, facilitating the deal for the multifamily asset located in Saddle River. His role was pivotal in the negotiation and closing processes of this sale.

Players

Maxwell Stokes

Keller Williams Realty

Broker

$9.3M

vol

1 deal

Broker

Saddle River 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

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93