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

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SOLD
$1,175,000

New Jersey

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MultiFamily
Sold 02/12/2024
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Property Image
SOLD

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

604 54th Street

See Similar Deals
MultiFamily
Sold 02/12/2024
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Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

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

1 deal$1.2M volume(201) 963-6603
BROKER

Details

SOLD
IMAGE: Emad Nairooz DATE: 02/12/2024 ADDRESS: 604 54th Street MARKET: West New York ASSET TYPE: Multifamily BROKER: Emad Nairooz - Top Quality Realty LLC SALE PRICE: $1,175,000 NOTE: West New York multifamily property located at 604 54th Street was sold for $1,175,000. Emad Nairooz of Top Quality Realty LLC served as the broker for the transaction.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$62,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,174.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,570.10
Annual Debt Service$66,841.19