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27 Russell Avenue

Anat Eisenberg Acquires MultiFamily Property On Russell Avenue, Edgewater For $1M
SOLDMultiFamily

Anat Eisenberg Acquires MultiFamily Property On Russell Avenue, Edgewater For $1M

27 Russell Avenue

$1,000,000

Building Size

Asset Type

MultiFamily

Closing

Feb 16, 2024

AI

The Multifamily property located at 27 Russell Avenue in Edgewater was recently sold for $1,000,000. The transaction was facilitated by Anat Eisenberg of Keller Williams Town Life, representing the buyer, and Evelyn Rafter of Evelyn G. Rafter & Associates, representing the seller.

Summary of transation details

Noteworthy individuals involved in the deal include Anat Eisenberg of Keller Williams Town Life, who represented the buyer, and Evelyn Rafter of Evelyn G. Rafter & Associates, who represented the seller in the transaction.

Players

Evelyn Rafter

Evelyn G. Rafter & Associates

Broker

$4.4M

vol

3 deals

Broker

Edgewater 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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93