Updated Dec 4, 2024
BHHS Zack Shore REALTORS Sells Multifamily Property In Long Beach Township For $1.4M
4 East 19th Street
$1,400,000
$890/SF
Building Size
1,572 SF
Asset Type
MultiFamily
Closing
Oct 25, 2023
About this deal
AI
The multifamily property located at 4 East 19th Street in Long Beach Township has been sold in a closed transaction for a price of $1,400,000. The property spans 1,572 square feet, resulting in a price per square foot of $891.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Address: 4 East 19th Street
- Market: Long Beach Township
- Seller's Representative: Jordan Johnson - BHHS Zack Shore REALTORS
- Broker: Kohl Meyer - Century 21 Alliance
Jordan Johnson from BHHS Zack Shore REALTORS represented the seller in this transaction, while Kohl Meyer from Century 21 Alliance acted as the broker. These key individuals played crucial roles in facilitating the successful sale of the property.
Players
Long Beach Township 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93