facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

11 78th Street, North Berge...

Compass Represents Buyer In $1.35M Multifamily Sale In North Bergen
SOLDMultiFamily

Compass Represents Buyer In $1.35M Multifamily Sale In North Bergen

11 78th Street, North Bergen, New Jersey 07047, United States

$1,350,000

Building Size

Asset Type

MultiFamily

Closing

May 8, 2022

AI

A multifamily property located at 11 78th St in North Bergen has been sold for a price of $1,350,000. The transaction took place on 05/09/2022. The property was represented by Pharoah Lozano from Keller Williams City Views, while the buyer was represented by Rami Rosen from Compass.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Address: 11 78th St, North Bergen
  • Market: North Bergen

The seller's representative in this deal was Pharoah Lozano from Keller Williams City Views. On the other hand, Rami Rosen from Compass represented the buyer.

Players

Rami Rosen

Compass

Broker

$3.5M

vol

2 deals

Broker

North Bergen MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93