Farah Alli & Allen Ten Hoeve Complete $1,050,000 Multifamily Sale In West New York
41 63rd Street
$1,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 12, 2024
AI
A meticulously maintained two-family home at 41 63rd Street in West New York sold for $1,050,000. The property features seven bedrooms, three bathrooms, renovated kitchens, separate utilities, a stunning backyard, and a one-car garage, with easy access to NYC transportation.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 41 63rd Street
- Market: West New York
Farah Alli from Compass represented the buyer in the transaction, while Allen Ten Hoeve from Keller Williams Valley Realty represented the seller.
Players
West New York 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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93