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6606 Mckinley Place

Coldwell Banker & Corcoran Infinity Properties Facilitate $1.2M Multifamily Sale In West New York
SOLDMultiFamily

Coldwell Banker & Corcoran Infinity Properties Facilitate $1.2M Multifamily Sale In West New York

6606 Mckinley Place

$1,200,000

Building Size

Asset Type

MultiFamily

Closing

Apr 12, 2024

AI

A spacious 3-family home at 6606 McKinley Place in West New York was sold for $1,200,000. The property, located in a prime area with convenient access to transportation and nearby shopping and dining options, offers an excellent investment opportunity in the heart of West New York.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 6606 McKinley Place
  • Market: West New York

Khalil Dalia of Coldwell Banker represented the buyer in the transaction, while Nishan Akkus of Corcoran Infinity Properties acted as the seller's representative.

Players

Nishan Akkus

EXP Realty

Broker

$2.6M

vol

2 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93