Updated Dec 21, 2023
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
$1,000,000
Building Size
—
Asset Type
—
Closing
May 4, 2022
About this deal
AI
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.
The commercial sale at 179 Pine Street, Jersey City, New Jersey 07304, United States in Jersey City, New Jersey sold for $1M in 2022. Named participants on the 179 Pine Street, Jersey City, New Jersey 07304, United States sale are Kirollos Nasralah. This page is the Jersey City, New Jersey file for the 179 Pine Street, Jersey City, New Jersey 07304, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Jersey City sit in the Market section below. Filter that Jersey City commercial set by closing date to see what else sold near 179 Pine Street, Jersey City, New Jersey 07304, United States around 2022. Published consideration for 179 Pine Street, Jersey City, New Jersey 07304, United States is $1M, dated 2022. Cite this Kirollos Nasralah Of LightHouse Residential LLC Sells 5,250 Acres Of Land In Jersey City For $1M sale when underwriting similar commercial product around Jersey City, New Jersey.
Players
Jersey City CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse New Jersey sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93