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384 Palisade Avenue

Tony Nabhan Of Keller Williams City Views Sells Multifamily Property In Cliffside Park For $1,045,000
SOLDMultiFamily

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

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.

Players

Tony Nabhan

Keller Williams Realty

Broker

$18.8M

vol

8 deals

Broker

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