Updated Sep 9, 2024
Eastern Realty, Inc. Facilitates $1.09M Multifamily Sale In Edgewater
382 Undercliff Avenue, Edgewater, New Jersey 07020, United States
$1,090,000
$452/SF
Building Size
2,409 SF
Asset Type
MultiFamily
Closing
May 8, 2022
About this deal
AI
The multifamily property located at 382 Undercliff Ave in Edgewater has been sold for a price of $1,090,000. The transaction took place on 05/09/2022. The property is represented by broker Sara Shin from Eastern Realty, Inc.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,090,000
- Address: 382 Undercliff Ave
- Market: Edgewater
Sara Shin from Eastern Realty, Inc. played a key role in representing the parties involved in the sale of this property.
The multifamily sale at 382 Undercliff Avenue, Edgewater, New Jersey 07020, United States in Edgewater, New Jersey sold for $1.1M in 2022. The building is 2,409 square feet, implying about 452 per square foot on the published price. Sara Shin, Eastern Realty, Christie's International Real Estate appear on the sale alongside Eastern Realty, Christie's International Real Estate. This page is the Edgewater, New Jersey file for the 382 Undercliff Avenue, Edgewater, New Jersey 07020, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Edgewater sit in the Market section below. Filter that Edgewater multifamily set by closing date to see what else sold near 382 Undercliff Avenue, Edgewater, New Jersey 07020, United States around 2022. Published consideration for 382 Undercliff Avenue, Edgewater, New Jersey 07020, United States is $1.1M, dated 2022. Cite this Eastern Realty, Inc. Facilitates $1.09M Multifamily Sale In Edgewater sale when underwriting similar multifamily product around Edgewater, New Jersey.
Players
Edgewater MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Sara Shin to view all their deals.
Browse New Jersey multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.55%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93