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
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.
Players
Fort Lee 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
12.84%
Cash-on-Cash
-3.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93