Kirollos Nasralah Of LightHouse Residential LLC Sells 5,250 Acres Of Land In Jersey City For $1M
SOLD
$1,000,000
New Jersey
See Similar DealsSold 05/05/2022
SOLD
Kirollos Nasralah Of LightHouse Residential LLC Sells 5,250 Acres Of Land In Jersey City For $1M
179 Pine Street, Jersey City, New Jersey 07304, United States
See Similar DealsSold 05/05/2022
Summary
NEW JERSEY
Transaction Type:Sale
179 Pine Street in Jersey City has been sold for $1,000,000. This property is a 5,250-acre land located in the market of Jersey City. The sale was facilitated by Kirollos Nasralah from LightHouse Residential LLC.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,000,000
- Address: 179 Pine Street
- Market: Jersey City
- Land Size: 5,250 acres
Kirollos Nasralah from LightHouse Residential LLC represented the buyer or seller in this transaction but no additional information is available.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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