Updated Dec 12, 2024
Gaby Cucu Of Christoph Schluender Realty Represents Buyer In $1.15M West New York Multifamily Sale
423 66th Street
$1,150,000
Units
3
Asset Type
MultiFamily
Closing
Dec 9, 2024
About this deal
AI
A three-family home located at 423-425 66th Street in West New York was sold for $1.15 million, reflecting an average price of $383,333 per unit. The property consists of three 2-bedroom units, along with a basement that offers additional amenities. There is also a detached garage and a second lot utilized for off-street parking.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Units: 3
- Price Per Unit: $383,333
- Buyer's Representative: Gaby Cucu - Christoph Schluender Realty
- Seller's Representative: Megan Diaz - Keller Williams Town Life
The transaction involved two key representatives: Gaby Cucu representing the buyer, and Megan Diaz representing the seller, ensuring a smooth transaction process between both parties involved in the deal.
Players
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93