Updated Sep 9, 2024
Eastern Realty, Inc. Facilitates $1.2M Sale Of Fort Lee Multifamily Property At 408 Jane St
408 Jane Street, Fort Lee, New Jersey 07024, United States
$1,235,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
The multifamily property located at 408 Jane St in Fort Lee has been sold for a price of $1,235,000. The sale was facilitated by broker Sara Shin from Eastern Realty, Inc. The transaction took place on April 29, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,235,000
- Address: 408 Jane St
- Market: Fort Lee
Sara Shin from Eastern Realty, Inc. served as the broker in this transaction, representing the parties involved.
The multifamily sale at 408 Jane Street, Fort Lee, New Jersey 07024, United States in Fort Lee, New Jersey sold for $1.2M in 2022. 408 Jane Street, Fort Lee, New Jersey 07024, United States is classified as Multifamily on Traded. Sara Shin, Eastern Realty, Christie's International Real Estate appear on the sale alongside Eastern Realty, Christie's International Real Estate. This page is the Fort Lee, New Jersey file for the 408 Jane Street, Fort Lee, New Jersey 07024, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Fort Lee sit in the Market section below. Filter that Fort Lee multifamily set by closing date to see what else sold near 408 Jane Street, Fort Lee, New Jersey 07024, United States around 2022. Published consideration for 408 Jane Street, Fort Lee, New Jersey 07024, United States is $1.2M, dated 2022. Cite this Eastern Realty, Inc. Facilitates $1.2M Sale Of Fort Lee Multifamily Property At 408 Jane St sale when underwriting similar multifamily product around Fort Lee, New Jersey.
On the Map
$1,235,000
MultiFamily
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Fort Lee 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
12.84%
Cash-on-Cash
-3.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93