Updated Dec 4, 2024
GenStone Realty Facilitates $2M Sale Of Multifamily Property In East Orange
66 North Grove Street
$2,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 20, 2023
About this deal
AI
66 North Grove Street in East Orange, a multifamily property, was sold for $2 million.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Market: East Orange
- Broker: Christina Calvo - GenStone Realty
The transaction was facilitated by broker Christina Calvo of GenStone Realty.
The multifamily sale at 66 North Grove Street in East Orange, New Jersey sold for $2M in 2023. 66 North Grove Street is classified as Multifamily on Traded. Christina Calvo, GenStone Realty appear on the sale alongside GenStone Realty. This page is the East Orange, New Jersey file for the 66 North Grove Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same East Orange sit in the Market section below. Filter that East Orange multifamily set by closing date to see what else sold near 66 North Grove Street around 2023. Published consideration for 66 North Grove Street is $2M, dated 2023. Cite this GenStone Realty Facilitates $2M Sale Of Multifamily Property In East Orange sale when underwriting similar multifamily product around East Orange, New Jersey.
Players
East Orange 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93