Updated Dec 20, 2023
Maya Nesser Acquires Multifamily Property In Perth Amboy For $1.32M
390 State St, Perth Amboy, NJ, USA
$1,320,000
$206/SF
Building Size
6,394 SF
Asset Type
MultiFamily
Closing
Jun 28, 2021
About this deal
AI
The multifamily property located at 390 State St in Perth Amboy has been sold. The property spans a total of 6,394 square feet. The sale price for this transaction was $1,320,000, resulting in a price per square foot of $206.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,320,000
Maya Nesser purchased the property from Bentzion Schechter.
The multifamily sale at 390 State St, Perth Amboy, NJ, USA in Perth Amboy, New Jersey sold for $1.3M in 2021. The building is 6,394 square feet, implying about 206 per square foot on the published price. Named participants on the 390 State St, Perth Amboy, NJ, USA sale are Bentzion Schechter. This page is the Perth Amboy, New Jersey file for the 390 State St, Perth Amboy, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Perth Amboy sit in the Market section below. Filter that Perth Amboy multifamily set by closing date to see what else sold near 390 State St, Perth Amboy, NJ, USA around 2021. Published consideration for 390 State St, Perth Amboy, NJ, USA is $1.3M, dated 2021. Cite this Maya Nesser Acquires Multifamily Property In Perth Amboy For $1.32M sale when underwriting similar multifamily product around Perth Amboy, New Jersey.
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Perth Amboy MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.02%
Cash-on-Cash
-3.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93