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447 Willfred Terrace

Seung Hee Hong & Tony Nabhan Close $1.2M Multifamily Sale In Cliffside Park
SOLDMultiFamily

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

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.

Players

Tony Nabhan

Keller Williams Realty

Broker

$18.8M

vol

8 deals

Broker

Cliffside Park 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93