Updated Sep 5, 2024
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
About this deal
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
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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93