Updated Dec 19, 2023
Villano Realtors Sells Multifamily Property In South Seaside Park, NJ For $1.1M
242 24th Avenue, Seaside Park, NJ 08752
$1,100,000
$229/SF
Building Size
4,792 SF
Asset Type
MultiFamily
Closing
Nov 12, 2021
About this deal
AI
The multifamily property located at 242 24th Ave in South Seaside Park, NJ was recently sold for $1,100,000. The transaction took place on 11/12/2021. The property consists of 3 units, with a per unit price of approximately $366,667.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 242 24th Ave, South Seaside Park, NJ
- Market: South Seaside Park, NJ
The sale was facilitated by Theresa Sayia of Villano Realtors. Theresa Sayia represented the seller/buyer/landlord/tenant in this transaction.
Players
Seaside Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Theresa Sayia to view all their deals.
Browse New Jersey multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93