Updated Dec 20, 2023
Armagno Agency Inc. Sells Land In Jersey City For $1.35M
215 Warren Street, Jersey City, NJ 07302
$1,350,000
$540/SF
Building Size
2,500 SF
Asset Type
—
Closing
Nov 11, 2021
About this deal
AI
Located at 215 Warren St in Jersey City, this property is a piece of land that was recently sold. The transaction was facilitated by Anthony Armagno from Armagno Agency Inc.
Summary of transaction details
- Property Type: Land
- Sale Price: $1,350,000
- Lot Size: 2,500 square feet
The property was sold for a price of $1,350,000, with a lot size of 2,500 square feet. This transaction showcases the expertise and professionalism of Anthony Armagno from Armagno Agency Inc, who represented the parties involved in the deal.
Players
Jersey City CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93