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Grazyna Ziarko Of Christie's International Real Estate Represents Buyer In $6.1M Mahwah Sale

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SOLD
$6,100,000
Dennis McCormack
Grazyna (Grace) Ziarko

New Jersey

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Single Family14,500 SF
Sold 10/16/2024
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Property Image
SOLD

Grazyna Ziarko Of Christie's International Real Estate Represents Buyer In $6.1M Mahwah Sale

10 Farmstead Road

See Similar Deals
Single Family14,500 SF
Sold 10/16/2024
Dennis McCormack
Grazyna (Grace) Ziarko
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Single Family
Price Per Square Foot:$420
Total Square Footage:14,500 SF
Transaction Type:Sale

The colonial manor located at 10 Farmstead Road in Mahwah encompasses 14,500 square feet and is classified as a single-family asset. The property was sold for $6,100,000, which constitutes the highest-priced sale in the area year-to-date.

Summary of transaction details:

The buyer of the property was represented by Grazyna Ziarko from Christie's International Real Estate Group, while the seller was represented by Dennis McCormack from Prominent Properties Sotheby's International Realty. This transaction highlights their involvement in facilitating one of the most significant property dealings in the region.

Players

Dennis McCormack
Sotheby's International Realty
Dennis McCormack
2 deals$33.6M volume
BROKER
Grazyna (Grace) Ziarko
Christie's International Real Estate
Grazyna Ziarko
2 deals$8.9M volume(201) 218-8504
BROKER

Details

SOLD
IMAGE: Grazyna Ziarko & Dennis McCormack DATE: 10/16/2024 ADDRESS: 10 Farmstead Road MARKET: Mahwah ASSET TYPE: Single Family BUYER'S REP: Grazyna Ziarko (@GraceZiarko) - Christie's International Real Estate (@ChristiesRealEstate) SELLER'S REP: Dennis McCormack - Prominent Properties Sotheby's International Realty (@PromPropSIR) SALE PRICE: $6,100,000 NOTE: The 14,500-square-foot colonial manor at 10 Farmstead Road in Mahwah sold for $6.1 million, marking the highest-priced sale in the area year-to-date. Grace Ziarko of Christie’s International Real Estate Group represented the buyer, while Dennis McCormack of Sotheby's handled the listing.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$21,672.03
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