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7722 Broadway, North Bergen...

Angie Prinz Acquires Multifamily Property In North Bergen For $970,000
SOLDMultiFamily

Angie Prinz Acquires Multifamily Property In North Bergen For $970,000

7722 Broadway, North Bergen, NJ 07047

$970,000

$297/SF

Building Size

3,264 SF

Asset Type

MultiFamily

Closing

Dec 15, 2021

AI

A multifamily property located at 7722 Broadway in North Bergen, NJ has been sold in a recent transaction. The property spans 3,264 square feet and was sold for $970,000, resulting in a price per square foot of $297.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $970,000
  • Address: 7722 Broadway, North Bergen, NJ
  • Market: North Bergen, NJ

The buyer of the property is Angie Prinz, while the seller is Alexis Mendoza. The deal was facilitated by Susan Maryanski of the Maryanski Group, who represented both parties in the transaction.

Players

Susan Maryanski

Keller Williams Realty

Broker

$9.6M

vol

7 deals

Broker

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

16.35%

Cash-on-Cash

-4.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93