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6700 Park Avenue

Multifamily Property At 6700 Park Avenue Sold For $3.93M In West New York
SOLDMultiFamily

Multifamily Property At 6700 Park Avenue Sold For $3.93M In West New York

6700 Park Avenue

$3,925,000

$246/SF

Building Size

15,900 SF

Asset Type

MultiFamily

Closing

Sep 8, 2025

AI

This multifamily property located at 6700 Park Avenue in the West New York market has a sale price of $3,925,000. The asset comprises 19 units, resulting in a price per unit of $206,578.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,925,000
  • Units: 19
  • Price Per Unit: $206,578
  • Date of Sale: 09/08/2025
  • Broker: David Ferber - Matthews

David Ferber represented the transaction for the broker agency Matthews, facilitating the deal involving this multifamily asset in a robust market setting.

Players

David Ferber

Matthews

Broker

$149M

vol

28 deals

Broker
Matthews
Matthews Brokerage

West New York 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

4.04%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93