C Land Realty Acquires Multifamily Property In Palisades Park, NJ For $1.18M
SOLD
$1,180,000
New Jersey
See Similar DealsMultiFamily2,862 SF
Sold
SOLD
C Land Realty Acquires Multifamily Property In Palisades Park, NJ For $1.18M
72 Brinkerhoff Terrace, Palisades Park, NJ 07650
See Similar DealsMultiFamily2,862 SF
Sold
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$412
Total Square Footage:2862 SF
Transaction Type:Sale
A multifamily property located at 72 Brinkerhoff Ter in Palisades Park, NJ, was recently sold for $1,180,000. The property features multiple residential units and is situated in the Palisades Park market.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Buyer's Representative: Kay Suh - C Land Realty - Palisades Park
- Seller's Representative: Justin Kang - Good Neighbor Realty LLC
The buyer in this transaction was represented by Kay Suh from C Land Realty - Palisades Park, while Justin Kang from Good Neighbor Realty LLC represented the seller. This deal showcases the expertise and negotiation skills of these real estate professionals.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,593.80
Annual Debt Service$67,125.62
Is there something missing? Send suggestions