Updated Dec 4, 2024
Joshua M. Thomas Sells North Bergen Multifamily For $1.8M With Seller's Rep Maikol Puebla - Christie's Intl. RE
4316 Durham Avenue
$1,800,000
$300/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Oct 13, 2023
About this deal
AI
The multifamily property located at 4316 Durham Avenue in North Bergen has been sold. The property consists of 4 units with a total square footage of 6,000. The asking price for the property was $1,888,800, and it was sold for $1,800,000, resulting in a price per unit of $450,000. The price per square foot was $300.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Address: 4316 Durham Avenue, North Bergen
- Units: 4
- Square Footage: 6,000
- Asking Price: $1,888,800
- Price Per Unit: $450,000
- Price Per Square Foot: $300
The seller of the property was Joshua M. Thomas. Maikol Puebla from Christie's International Real Estate represented the seller in this transaction.
On the Map
$1,800,000
$300/SF
MultiFamily
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North Bergen 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93