Updated Dec 21, 2023
Hudson River Realty Acquires Multifamily Property In Guttenberg For $1.35M
6713 Bergenline Avenue, Guttenberg, New Jersey 07093, United States
$1,350,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 6, 2022
About this deal
AI
The multifamily property located at 6713 Bergenline Ave in Guttenberg has been sold for a price of $1,350,000. The transaction took place on 06/07/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 6713 Bergenline Ave
- Market: Guttenberg
The buyer was represented by Madelin Zapata from Hudson River Realty, while the seller was represented by Pauline Dostoumian from Key Prestige Realty, LLC.
The multifamily sale at 6713 Bergenline Avenue, Guttenberg, New Jersey 07093, United States in West New York, New Jersey sold for $1.4M in 2022. 6713 Bergenline Avenue, Guttenberg, New Jersey 07093, United States is classified as Multifamily on Traded. Named participants on the 6713 Bergenline Avenue, Guttenberg, New Jersey 07093, United States sale are Madelin Zapata, Pauline Dostoumian. This page is the West New York, New Jersey file for the 6713 Bergenline Avenue, Guttenberg, New Jersey 07093, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same West New York sit in the Market section below. Filter that West New York multifamily set by closing date to see what else sold near 6713 Bergenline Avenue, Guttenberg, New Jersey 07093, United States around 2022. Published consideration for 6713 Bergenline Avenue, Guttenberg, New Jersey 07093, United States is $1.4M, dated 2022. Cite this Hudson River Realty Acquires Multifamily Property In Guttenberg For $1.35M sale when underwriting similar multifamily product around West New York, New Jersey.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93