Updated Dec 4, 2024
Bryan Newell & Christina Gibbons Of Christie's Facilitate $1.103M Sale Of Multifamily In Leonia
325 Hillside Avenue
$1,103,000
Units
2
Asset Type
MultiFamily
Closing
May 16, 2024
About this deal
AI
A two-family residence at 325 Hillside Avenue in Leonia was sold for $1.103 million. The property, situated on a 0.46-acre lot, boasts spacious layouts, a large backyard, and proximity to the George Washington Bridge and downtown Leonia.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,103,000
- Address: 325 Hillside Avenue
- Market: Leonia
- Acres: 0.46
- Units: 2
- Price Per Unit: $551,500
- Brokers: Bryan Newell & Christina Gibbons - Christie's International Real Estate
Bryan Newell and Christina Gibbons of Christie's International Real Estate represented the parties involved in the sale of the two-family property at 325 Hillside Avenue in Leonia.
Players
Leonia MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Christina Gibbons to view all their deals.
Browse Leonia multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.38%
Cash-on-Cash
-4.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93