Updated Oct 25, 2024
Cori Ziman Acquires 18-Unit Multifamily In Englishtown For $2.6M
Center & Dey Street
$2,600,000
$120/SF
Building Size
21,617 SF
Asset Type
MultiFamily
Closing
Apr 11, 2023
About this deal
AI
A multifamily property located at 10 Center St in Englishtown, NJ has been sold for a total price of $2,600,000. The property consists of 18 units, with a price per unit of $144,444. The total square footage of the property is 21,617, resulting in a price per square foot of $120.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Units: 18
- Price per Unit: $144,444
- Square Footage: 21,617
- Price per Square Foot: $120
- Address: 10 Center St, Englishtown, NJ
The buyer of the property is Cori Ziman, while the seller is Mark Degiacomo. The deal was facilitated by Adam Zweibel and Dante Fusaro from Hudson Atlantic Realty.
On the Map
$2,600,000
$120/SF
MultiFamily
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Players
Mashhad 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93