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Top Quality Realty LLC Brokers $1.175M Multifamily Sale In West New York
SOLD
$1,175,000
New Jersey
See Similar DealsMultiFamily
Sold 02/12/2024
SOLD
Top Quality Realty LLC Brokers $1.175M Multifamily Sale In West New York
604 54th Street
See Similar DealsMultiFamily
Sold 02/12/2024
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:
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Address: 604 54th Street
- Market: West New York
- Broker: Emad Nairooz - Top Quality Realty LLC
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.
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Deal Type
30 years
10 years
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
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