Updated Jan 31, 2025
Albert Sultan Purchases Single Family Home From Gary Schecher For $1.7 Million In Long Branch
447 Westwood Avenue
$1,700,000
$485/SF
Building Size
3,500 SF
Asset Type
Single Family Residence
Closing
Jan 31, 2025
About this deal
AI
The property involved in this transaction is located at 447 Westwood Avenue in Long Branch. This single-family home was sold for $1,700,000 and encompasses a total of 3,500 square feet, resulting in a price per square foot of $485.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $1,700,000
- Address: 447 Westwood Avenue
- Market: Long Branch
- Square Footage: 3,500
- Price Per Square Foot: $485
- Buyer: Albert Sultan
- Seller: Gary Schecher
- Buyer's Representative: Max Leventer - Leventer Real Estate
- Seller's Representative: Grace Schecher - Sotheby's International Realty
The transaction was facilitated by two real estate representatives: Max Leventer, representing the buyer Albert Sultan, from Leventer Real Estate, and Grace Schecher, representing the seller Gary Schecher, from Sotheby's International Realty. Their involvement was crucial in the successful closing of this property deal.
Players
Long Branch Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $485 per square foot on a published $1.7M for 3,500 square feet (2025).
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Browse Long Branch single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93