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Rafael Luna Of Star One Realty Facilitate $1M Sale Of North Bergen Multifamily Property

Property Image
SOLD
$1,000,000

New Jersey

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MultiFamily
Sold 03/15/2024
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Property Image
SOLD

Rafael Luna Of Star One Realty Facilitate $1M Sale Of North Bergen Multifamily Property

714 73rd Street

See Similar Deals
MultiFamily
Sold 03/15/2024
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Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

In North Bergen, a multifamily property located at 714 73rd Street was sold for $1,000,000. The transaction was facilitated by broker Rafael Luna from Star One Realty.

Summary of transaction details:

The deal's key individuals included Rafael Luna from Star One Realty, who represented the transaction.

Players

1 deal$1M volume(551) 655-6255
BROKER

Details

SOLD
IMAGE: Rafael Luna DATE: 03/15/2024 ADDRESS: 714 73rd Street MARKET: North Bergen ASSET TYPE: Multifamily BROKER: Rafael Luna - Star One Realty (@StarOneRealty) SALE PRICE: $1,000,000 NOTE: In North Bergen, a multifamily property located at 714 73rd Street was sold for $1,000,000, facilitated by broker Rafael Luna from Star One Realty.

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

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12