Updated Dec 19, 2023
NY Urban Real Estate Investments Acquires Multifamily Property In Bergenfield, NJ For $1.04M
31 Hallberg Ave, Bergenfield, NJ, USA
$1,045,500
$542/SF
Building Size
1,928 SF
Asset Type
MultiFamily
Closing
Mar 10, 2021
About this deal
AI
A multifamily property located at 31 Hallberg Ave in Bergenfield, NJ has been sold for a price of $1,045,500. The property consists of 2 units, with a per-unit price of $522,750. Christopher Lama of NY Urban Real Estate Investments, Inc. represented the seller in this transaction.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,045,500
- Units: 2
- Price Per Unit: $522,750
This sale was facilitated by Christopher Lama of NY Urban Real Estate Investments, Inc., who represented the seller in the deal.
On the Map
$1,045,500
$542/SF
MultiFamily
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Players
Bergenfield 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
15.17%
Cash-on-Cash
-4.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93