Updated Dec 4, 2024
Tony Nabhan Of Keller Williams City Views Sells Multifamily Property In Cliffside Park For $1,045,000
384 Palisade Avenue
$1,045,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 19, 2024
About this deal
AI
384 Palisade Avenue, a multifamily property located in Cliffside Park, was recently sold. The property, represented by Tony Nabhan from Keller Williams City Views, was sold for a total price of $1,045,000.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,045,000
- Address: 384 Palisade Avenue, Cliffside Park
- Market: Cliffside Park
- Broker: Tony Nabhan - Keller Williams City Views
This successful transaction demonstrates the value and appeal of the multifamily property located at 384 Palisade Avenue. With Tony Nabhan as the representative from Keller Williams City Views, the property was sold for an impressive price of $1,045,000.
On the Map
$1,045,000
MultiFamily
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Cliffside 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
15.18%
Cash-on-Cash
-4.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93