Updated Dec 4, 2024
Seung Hee Hong & Tony Nabhan Close $1.2M Multifamily Sale In Cliffside Park
447 Willfred Terrace
$1,200,000
Building Size
—
Asset Type
MultiFamily
Closing
May 15, 2024
About this deal
AI
447 Willfred Terrace in Cliffside Park has been sold for $1.2 million. The buyer, represented by Seung Hee Hong from C Land Realty, and the seller, represented by Tony Nabhan from Keller Williams City Views Realty, closed the transaction successfully.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 447 Willfred Terrace
- Market: Cliffside Park
Seung Hee Hong from C Land Realty worked as the buyer's representative in this multifamily property sale, while Tony Nabhan from Keller Williams City Views Realty served as the seller's representative, ensuring a smooth and efficient transaction.
On the Map
$1,200,000
MultiFamily
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Cliffside Park 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93