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604 54th Street

Updated Dec 4, 2024

Top Quality Realty LLC Brokers $1.175M Multifamily Sale In West New York
SOLDMultiFamily

Top Quality Realty LLC Brokers $1.175M Multifamily Sale In West New York

604 54th Street

$1,175,000

Building Size

Asset Type

MultiFamily

Closing

Feb 12, 2024

About this deal

AI

The West New York multifamily property located at 604 54th Street was sold for $1,175,000. The transaction was facilitated by Emad Nairooz of Top Quality Realty LLC.

Summary of transaction details:

The sale of the property at 604 54th Street in West New York was successfully brokered by Emad Nairooz from Top Quality Realty LLC, showcasing their role in facilitating the transaction.

Players

Emad Nairooz

Top Quality Realty

Broker

$1.2M

vol

1 deal

Broker

West New York 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

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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