Updated Dec 4, 2024
Lyttle Dream Team Realty Completes $1.4M Package Deal In Paterson, NJ
$1,400,000
$140/SF
Building Size
10,000 SF
Asset Type
Package Deal
Closing
Feb 6, 2024
About this deal
AI
AnnaLyttle Dream Team Realty has successfully closed a package deal in Paterson, NJ for a property with a total area of 10,000 square feet. The transaction was completed on February 6, 2024, for a sale price of $1,400,000, resulting in a price per square foot of $140.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $1,400,000
- Property Area: 10,000 square feet
- Price per Square Foot: $140
- Market: Paterson, NJ
Annakay Lyttle of Lyttle Dream Team Realty represented the parties involved in this successful transaction.
Market Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93