Shani Marcus & Kathryn Perez Close $1.015M Multifamily Sale On Westwood Ave, Long Branch
633 Westwood Avenue, Long Branch, NJ, USA
$1,015,000
$147/SF
Building Size
6,905 SF
Asset Type
MultiFamily
Closing
Mar 16, 2021
AI
A multifamily property located at 633 Westwood Ave in Long Branch has been sold for $1,015,000. The property consists of 6,905 square feet with 6 units, resulting in a price per square foot of $147 and a price per unit of $169,167.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,015,000
- Address: 633 Westwood Ave
- Market: Long Branch
- Square Footage: 6,905
- Price per Square Foot: $147
- Number of Units: 6
- Price per Unit: $169,167
Shani Marcus from Town & Country Real Estate Consultants represented the buyer in this transaction, while Kathryn Perez from Coldwell Banker Realty represented the seller.
Long Branch MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.63%
Cash-on-Cash
-4.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93