Multifamily Property At 336 East Westfield Avenue Sold For $4.125M In Roselle Park
336 Westfield Avenue East
$4,125,000
$165/SF
Building Size
25,000 SF
Asset Type
MultiFamily
Closing
Mar 25, 2025
AI
The property asset involved in this transaction is a multifamily unit located at 336 East Westfield Avenue in Roselle Park. The transaction closed at a sale price of $4,125,000 for a total of 24 units, resulting in a price per unit of $171,875.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,125,000
- Address: 336 East Westfield Avenue
- Market: Roselle Park
- Units: 24
- Price Per Unit: $171,875
The brokers representing the transaction are Andrew Scheinerman and Jeff Squires from Kislak, playing a key role in facilitating the sale of the property.
Players
Roselle Park 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
3.85%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93