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418 10th Street

Updated Dec 4, 2024

Arun Thomas Of ATP Realty Represents Buyer In $1.035M Sale Of Multifamily Home In Carlstadt
SOLDMultiFamily

Arun Thomas Of ATP Realty Represents Buyer In $1.035M Sale Of Multifamily Home In Carlstadt

418 10th Street

$1,035,000

Building Size

Asset Type

MultiFamily

Closing

Aug 6, 2024

About this deal

AI

A three-story, 2-family home located at 418 10th Street in Carlstadt was sold for $1,035,000. The property, built in 2005, encompasses over 3,000 square feet of living space and includes modern amenities. It is conveniently situated near New York City, public transit options, and local schools.

Summary of transaction details:

The transaction involved key representatives from ATP Realty and EXP Realty, highlighting the involvement of Arun Thomas as the buyer's representative and Elizabeth Tarta Boggia as the seller's representative in this multifamily property deal.

Players

Arun Thomas

ATP Realty

Broker

$2.1M

vol

2 deals

Broker

Carlstadt 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

15.33%

Cash-on-Cash

-4.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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