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46 Burgh Avenue

Robert Squires Of Kislak Represents Sale Of Clifton MultiFamily For $3,750,000
SOLDMultiFamily

Robert Squires Of Kislak Represents Sale Of Clifton MultiFamily For $3,750,000

46 Burgh Avenue

$3,750,000

$17/SF

Building Size

220,000 SF

Asset Type

MultiFamily

Closing

May 28, 2026

AI

The asset involved in this transaction is a MultiFamily property located at 46 Burgh Avenue in the Clifton market. The property features 22 units, with a price per unit at $170,454. The sale price for this transaction was $3,750,000.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,750,000
  • Units: 22
  • Price Per Unit: $170,454
  • Address: 46 Burgh Avenue
  • Market: Clifton

The broker representing the transaction was Robert Squires from Kislak, facilitating the sale of the property. His involvement highlights the professional connection that aided in closing this transaction.

Players

Robert Squires

Kislak

Broker

$68.1M

vol

6 deals

Broker

Clifton 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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93