Updated Aug 21, 2026
Henry Ehrman Purchases Multifamily Property From Pat Viswanathan For $2,250,000 In North Bergen
7328 Kennedy Blvd
$2,250,000
$150/SF
Building Size
15,000 SF
Asset Type
MultiFamily
Closing
Sep 16, 2019
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 7328 Kennedy Blvd in the North Bergen market. The transaction amount was $2,250,000.00, and the property encompasses a total square footage of 15,000.0 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,250,000.00
- Address: 7328 Kennedy Blvd
- Market: North Bergen
- Square Footage: 15,000.0
The buyer of the property is Henry Ehrman, while the seller is Pat Viswanathan. The transaction was facilitated by broker Steven Matovski, representing Redwood Realty Advisors.
Players
North Bergen MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93