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41 63rd Street

Updated Dec 4, 2024

Farah Alli & Allen Ten Hoeve Complete $1,050,000 Multifamily Sale In West New York
SOLDMultiFamily

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

About this deal

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.

On the Map

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$1,050,000

MultiFamily

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Players

Allen Ten Hoeve

Keller Williams Realty

Broker

$7.1M

vol

3 deals

Broker

West New York 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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