Updated Dec 19, 2023
Michelle Maccaquano Of Century 21 Semiao & Associates Sells Multifamily Property In West New York For $1.03M
6119 Monitor Place, West New York, New Jersey 07093, United States
$1,030,000
$257/SF
Building Size
4,000 SF
Asset Type
MultiFamily
Closing
Jun 2, 2022
About this deal
AI
6119 Monitor Pl in West New York has been sold for $1,030,000. The property is a multifamily asset with four units, resulting in a price per unit of $257,500. The total area of the property is 4,000 square feet, leading to a price per square foot of $258.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,030,000
- Units: 4
- Price per Unit: $257,500
- Square Footage: 4,000
- Price per Square Foot: $258
The sale was facilitated by Michelle Maccaquano from Century 21 Semiao & Associates. Michelle represented the seller/buyer/landlord/tenant (clarify the role) in this transaction.
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
15.40%
Cash-on-Cash
-4.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93