Updated Dec 21, 2023
Jill Biggs And Patrick Southern Sell Condo At 159 2nd St In Jersey City, NJ For $1.7M
159 2nd Street, Jersey City, NJ, USA
$1,700,000
$723/SF
Building Size
2,350 SF
Asset Type
—
Closing
Jun 24, 2020
About this deal
AI
The property involved in this closed transaction is a condo located at 159 2nd St in Jersey City, NJ. The condo spans an area of 2,350 square feet and has a price per square foot of $723. The transaction took place on 06/24/2021.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,700,000
- Address: 159 2nd St, Jersey City, NJ
- Buyer's Representative: Harveer Singh - Howard Hanna Rand Realty
- Seller's Representatives: Jill Biggs & Patrick Southern - Coldwell Banker
The buyer, Nisha P., was represented by Harveer Singh from Howard Hanna Rand Realty. While the seller, Nisha P., was represented by Jill Biggs and Patrick Southern from Coldwell Banker. The asking price for the condo was $1,750,000, and the final sale price was $1,700,000.
Players
Jersey City CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $723 per square foot on a published $1.7M for 2,350 square feet (2020).
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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