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
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