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6115 Boulevard East

Dilek Ilboga Sells Multifamily Property In West New York, NJ For $1.86M
SOLDMultiFamily

Dilek Ilboga Sells Multifamily Property In West New York, NJ For $1.86M

6115 Boulevard East

$1,860,000

$547/SF

Building Size

3,400 SF

Asset Type

MultiFamily

Closing

Jan 22, 2024

AI

The multifamily property located at 6115 Boulevard East in West New York, NJ has been sold for a total price of $1,860,000. The property consists of 4 units, with each unit having a price per unit of $465,000. The total square footage of the property is 3,400, resulting in a price per square foot of $547.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,860,000
  • Units: 4
  • Price per Unit: $465,000
  • Square Footage: 3,400
  • Price per Square Foot: $547
  • Address: 6115 Boulevard East, West New York, NJ
  • Market: West New York, NJ

The seller of the property is Dilek Ilboga, while the buyer's representative in the deal is Pharoah Lozano from Keller Williams. The seller's representative is Michael Beltre, who is also from Keller Williams City Views.

NOTE FROM SELLER'S REP: Michael Beltre Sales Associate kw CITY VIEWS REALTY 2200 Fletcher Ave 5th Floor, Fort Lee, NJ 07024 C: (201) 988-7034 |O: (201) 592-8900 2019 Recipient of NJAR Circle of Excellence Bronze

Players

Pharoah Lozano

Keller Williams Realty

Broker

$9.5M

vol

6 deals

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

8.53%

Cash-on-Cash

-2.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93