facebook
Traded Co logo
Submit
Daily limit: 0/10

Christie's International Real Estate Represents Buyer Sara Shin In $1.5M Multifamily Sale In Fort Lee

Property Image
SOLD
$1,500,000
Sara Shin
Rosalyn Shehati

New Jersey

See Similar Deals
MultiFamily
Sold 08/14/2024
the dealplayerscompscontact
Property Image
SOLD

Christie's International Real Estate Represents Buyer Sara Shin In $1.5M Multifamily Sale In Fort Lee

263 Moore Street

See Similar Deals
MultiFamily
Sold 08/14/2024
Sara Shin
Rosalyn Shehati
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

A 2-unit multifamily home located at 263 Moore Street in Fort Lee has been sold for $1,500,000, with each unit priced at $750,000. The property features spacious 3-bedroom, 2.5-bath units, central A/C, and a 2-car garage. Recent renovations enhance its appeal as an investment opportunity.

Summary of transaction details:

The transaction involved the expertise of Sara Shin representing the buyer and Rosalyn Shehati advocating for the seller, both from reputable real estate agencies. Their roles were crucial in facilitating the successful sale of the property.

Players

Sara Shin
Christie's International Real Estate
Sara Shin
4 deals$5.6M volume
BROKER
Rosalyn Shehati
Sotheby's International Realty
Rosalyn Shehati
1 deal$1.5M volume(201) 981-8601
BROKER

Details

SOLD
IMAGE: Sara Shin & Rosalyn Shehati DATE: 08/14/2024 ADDRESS: 263 Moore Street MARKET: Fort Lee ASSET TYPE: Multifamily BUYER'S REP: Sara Shin - Christie's International Real Estate (@ChristiesRealEstate) SELLER'S REP: Rosalyn Shehati - Prominent Properties Sotheby's International Realty (@PromPropSIR) SALE PRICE: $1,500,000 UNITS: 2 ~ PPU: $750,000 NOTE: A charming 2-unit multifamily home at 263 Moore Street in Fort Lee sold for $1.5 million, with each unit priced at $750,000. Represented by Christie's International Real Estate and Prominent Properties Sotheby's International Realty, the property features spacious 3-bedroom, 2.5-bath units, central A/C, a 2-car garage, and recent renovations, making it an attractive investment opportunity.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$79,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18