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278 Warren Street

Updated Dec 4, 2024

Adrian Tridel Of Adrian Edwards LLC Facilitates Sale Of Multifamily Property In Lyndhurst For $1.22M
SOLDMultiFamily

Adrian Tridel Of Adrian Edwards LLC Facilitates Sale Of Multifamily Property In Lyndhurst For $1.22M

278 Warren Street

$1,220,000

Units

2

Asset Type

MultiFamily

Closing

Jul 30, 2024

About this deal

AI

A two-family home at 278 Warren Street in Lyndhurst has been sold, featuring two modern units with high-end kitchens, multiple bedrooms, and luxurious baths. The property combines single-family charm with investment potential, offering spacious living areas and elegant finishes. The sale price was set at $1.22 million, translating to a price per unit of $610,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,220,000
  • Units: 2
  • Price Per Unit: $610,000
  • Address: 278 Warren Street
  • Market: Lyndhurst
  • Broker: Adrian Tridel - Adrian Edwards LLC

Adrian Tridel represented the transaction through Adrian Edwards LLC, facilitating the sale of this multifamily asset. The deal showcases the collaboration between the broker and various stakeholders in the property market.

Players

Adrian Tridel

Adrian Edwards Real Estate

Broker

$1.2M

vol

1 deal

Broker

Lyndhurst MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $610K per unit across 2 units on a published $1.2M (2024).

Visit Adrian Edwards Real Estate to view all their deals.

Browse Lyndhurst multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.00%

Cash-on-Cash

-3.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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