facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

4316 Durham Avenue

Joshua M. Thomas Sells North Bergen Multifamily For $1.8M With Seller's Rep Maikol Puebla - Christie's Intl. RE
SOLDMultiFamily

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

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.

Players

Maikol Puebla

Christie's International Real Estate

Broker

$12.1M

vol

8 deals

Broker

Joshua Thomas

Seller

$4.8M

vol

2 deals

Seller

North Bergen MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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