facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

385 Livingston Street

Kay Suh & Shin Chung Facilitate $1.55M Sale Of Norwood Duplex
SOLDMultiFamily

Kay Suh & Shin Chung Facilitate $1.55M Sale Of Norwood Duplex

385 Livingston Street

$1,550,000

Building Size

Asset Type

MultiFamily

Closing

Jul 8, 2024

AI

385 Livingston Street in Norwood, a multifamily property consisting of a duplex with 2 units, sold for $1,550,000. Each unit features 4 bedrooms, 3 full bathrooms, spacious living areas, modern kitchens, and hardwood floors throughout. The property, built in 2008 on an existing foundation, is conveniently located near public schools, NYC bus stops, and is part of a highly regarded school system in New Jersey.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Units: 2
  • Price Per Unit: $775,000
  • Acres: 0.57
  • Address: 385 Livingston Street
  • Market: Norwood

Kay Suh of C Land Realty represented the buyer in the transaction, while Shin Chung of Re/Max was the seller's representative on the deal.

Players

Kay Suh

C Land Realty

Broker

$4.1M

vol

3 deals

Broker

Norwood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93