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423 66th Street

Gaby Cucu Of Christoph Schluender Realty Represents Buyer In $1.15M West New York Multifamily Sale
SOLDMultiFamily

Gaby Cucu Of Christoph Schluender Realty Represents Buyer In $1.15M West New York Multifamily Sale

423 66th Street

$1,150,000

Building Size

Asset Type

MultiFamily

Closing

Dec 9, 2024

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:

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

Megan Diaz

Keller Williams Realty

Broker

$1.2M

vol

1 deal

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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93