Osman Celik Acquires Multifamily Property In North Bergen For $1.15M
804 79th Street
$1,150,000
$376/SF
Building Size
3,058 SF
Asset Type
MultiFamily
Closing
Dec 16, 2022
AI
The multifamily property located at 804 79th Street in North Bergen was recently sold in a closed transaction. The property consists of 5 units with a total square footage of 3,058. The sale price for this transaction was $1,150,000, resulting in a price per unit of $230,000. The price per square foot was $376.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Address: 804 79th Street
- Market: North Bergen
- Units: 5
- Price per Unit: $230,000
- Square Footage: 3,058
- Price per Square Foot: $376
The buyer in this transaction was Osman Celik, while the seller was Ali Makki. Representing the buyer was Yojaira Orozco from Keller Williams Realty, and representing the seller was Pharoah Lozano, also from Keller Williams Realty.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93