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Gerardo Coppola & Dinara Sammartino Sell 707 8th Street Multifamily In Lyndhurst

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SOLD
$1,200,000

New Jersey

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MultiFamily
Sold 03/22/2024
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Property Image
SOLD

Gerardo Coppola & Dinara Sammartino Sell 707 8th Street Multifamily In Lyndhurst

707 8th Street

See Similar Deals
MultiFamily
Sold 03/22/2024
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Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

707 8th Street in Lyndhurst, a multifamily property, sold for $1.2 million. The transaction was facilitated by brokers Gerardo Coppola and Dinara Sammartino of Century 21 Semiao & Associates.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 707 8th Street
  • Market: Lyndhurst
  • Brokers: Dinara Sammartino & Gerardo Coppola - Century 21 Semiao & Associates

The deal's key individuals include Gerardo Coppola and Dinara Sammartino, who acted as brokers representing the transaction. They played a crucial role in the successful sale of the multifamily property at 707 8th Street in Lyndhurst.

Players

Gerardo Coppola
1 deal$1.2M volume(201) 522-6969
BROKER

Dinara Sammartino
Century 21
1 deal$1.2M volume(201) 344-2291
BROKER

Details

SOLD
IMAGE: Dinara Sammartino & Gerardo Coppola DATE: 03/22/2024 ADDRESS: 707 8th Street MARKET: Lyndhurst ASSET TYPE: Multifamily BROKERS: Dinara Sammartino & Gerardo Coppola - Century 21 Semiao & Associates (@C21Semiao) SALE PRICE: $1,200,000 NOTE: 707 8th Street in Lyndhurst, a multifamily property, sold for $1.2 million through brokers Gerardo Coppola and Dinara Sammartino of Century 21 Semiao & Associates.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35