Updated Dec 21, 2023
Tak Wai Sy - Trompeter Real Estate Represents Buyer In $1.3M Jersey City Condo Sale
10 Provost St, Jersey City, NJ, USA
$1,325,000
$1,167/SF
Building Size
1,135 SF
Asset Type
—
Closing
May 16, 2021
About this deal
AI
The property at 10 Provost St in Jersey City has been sold in a recent transaction. This condo, with a size of 1,135 square feet, was purchased for $1,325,000. The price per square foot for this property is $1,167, indicating a lucrative deal for the buyer.
Summary of Transaction Details:
- Property Type: Condo
- Transaction Amount: $1,325,000
- Square Footage: 1,135
- Price per Square Foot: $1,167
- Date: 05/17/2021
- Address: 10 Provost St, Jersey City
Tak Wai Sy, from Trompeter Real Estate, represented the buyer in this transaction. On the other side, Brian Spain, from Coldwell Banker Residential Brokerage, acted as the seller's representative.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93