facebook
Traded Co logo
Submit

Dan Francess Acquires Multifamily Property In Jersey City For $410,000

Property Image
SOLD
$410,000

National

See Similar Deals
Sold 06/23/2020
the dealdetailscomps
Property Image
SOLD

Dan Francess Acquires Multifamily Property In Jersey City For $410,000

Sold 06/23/2020

Summary

Transaction Type:Sale

Details

SOLD
IMAGE: IMAGE: @DanFrancess DATE: 06/23/2020 ADDRESS: 84 Ferry Street MARKET: Jersey City ASSET TYPE: Multifamily BUYER: @DanFrancess SALE PRICE: $410,000 SF: 1,672 PPSF: $245 UNITS: 3 (100% FM) PPU: $136,000 NOTE: Buyer is actively seeking institutional value add & distressed assets in NJ, NY, CT & North Florida.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$21,866.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,456.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,943.61
Annual Debt Service$23,323.31