Updated Dec 4, 2024
Remax Villa Secures $1.1M Sale Of North Bergen Multifamily Property
8515 1st Avenue
$1,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 10, 2023
About this deal
AI
A multifamily property located at 8515 1st Avenue in North Bergen has been sold for a total of $1,100,000. The transaction was facilitated through the efforts of Ezequiel Gonzalez, a broker representing Remax Villa.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 8515 1st Avenue
- Market: North Bergen
Ezequiel Gonzalez of Remax Villa played a significant role in brokering the sale of the multifamily property at 8515 1st Avenue in North Bergen. The successful transaction demonstrates the expertise and value that Ezequiel brings to his clients in the real estate market.
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93