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Rafael Luna Of Star One Realty Facilitate $1M Sale Of North Bergen Multifamily Property
SOLD
$1,000,000
New Jersey
See Similar DealsMultiFamily
Sold 03/15/2024
SOLD
Rafael Luna Of Star One Realty Facilitate $1M Sale Of North Bergen Multifamily Property
714 73rd Street
See Similar DealsMultiFamily
Sold 03/15/2024
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:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 714 73rd Street
- Market: North Bergen
- Broker: Rafael Luna - Star One Realty
The deal's key individuals included Rafael Luna from Star One Realty, who represented the transaction.
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Deal Type
30 years
10 years
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
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