Updated Dec 4, 2024
517 Linden Avenue Multifamily Acquired In Elizabeth For $1,030,000
517 Linden Avenue
$1,030,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 16, 2024
About this deal
AI
The MultiFamily asset located at 517 Linden Avenue in Elizabeth was sold for $1,030,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,030,000
- Address: 517 Linden Avenue
- Market: Elizabeth
Joyce Prosper of PG Realty Group served as the seller's representative, while Itsia Martinez from United Real Estate acted as the broker in the transaction.
The multifamily sale at 517 Linden Avenue in Elizabeth, New Jersey sold for $1M in 2024. 517 Linden Avenue is classified as Multifamily on Traded. Joyce Prosper, Itsia Martinez, United Real Estate, PG Realty Group appear on the sale alongside United Real Estate, PG Realty Group. This page is the Elizabeth, New Jersey file for the 517 Linden Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Elizabeth sit in the Market section below. Filter that Elizabeth multifamily set by closing date to see what else sold near 517 Linden Avenue around 2024. Published consideration for 517 Linden Avenue is $1M, dated 2024. Cite this 517 Linden Avenue Multifamily Acquired In Elizabeth For $1,030,000 sale when underwriting similar multifamily product around Elizabeth, New Jersey.
Players
Elizabeth 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
15.40%
Cash-on-Cash
-4.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93