facebook
Traded Co logo
Submit

Rachel Yang Acquires Condo In Jersey City For $1.06M

Property Image
SOLD
$1,060,000

New Jersey

See Similar Deals
1,100 SF
Sold 06/10/2022
the dealplayerscompscontact
Property Image
SOLD

Rachel Yang Acquires Condo In Jersey City For $1.06M

389 Washington Street, Jersey City, New Jersey 07302, United States

See Similar Deals
1,100 SF
Sold 06/10/2022
Contact now

Summary

NEW JERSEY
Price Per Square Foot:$963
Total Square Footage:1,100 SF
Transaction Type:Sale

Located at 389 Washington St 32A in Jersey City, this 1,100 square foot condo was recently sold for $1,060,000. The sale was finalized on June 10, 2022. The property offers breathtaking views from the 32nd floor, adding to its appeal. The transaction was facilitated by Michael Dengelegi and Darren Giordano from Keller Williams City Life Realty, representing both the buyer, Rachel Yang, and the seller, Ashok Gule.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,060,000
  • Address: 389 Washington St 32A, Jersey City
  • Market: Jersey City

The Giordano Group, specializing in Real Estate in Northern NJ, was instrumental in managing this transaction. The team prides themselves in delivering white-glove style service, ensuring a stress-free and seamless experience for their clients. For any buying, selling, or investment needs in Real Estate, they can be reached at 732-796-8784.

Players

Michael Dengelegi
2 deals$2.4M volume
BROKER

Darren Giordano
EXP Realty
2 deals$2.3M volume(973) 310-5384
BROKER

Details

SOLD
IMAGE: Michael Dengelegi & Darren Giordano DATE: 06/10/2022 ADDRESS: 389 Washington St 32A MARKET: Jersey City ASSET TYPE: Condo BUYER: Rachel Yang SELLER: Ashok Gule BROKERS: Michael Dengelegi (@MichaelDengelegiRealEstate) & Darren Giordano (@GiordanoGroup) - Keller Williams City Life Realty (@KWCLHoboken) SALE PRICE: $1,060,000 SF: 1,100 ~ PPSF: $964 NOTE FROM @GiordanoGroup: ✨JUST SOLD ✨ 💵$1,060,000 We are offically closed on this stunning condo 🏡 in Downtown Jersey city with drop-dead gorgeous views from the 32nd floor. Huge Congrats to both the buyer and seller on this transaction. It was a pleasure to work with Darren Giordano on this and for the Northern NJ Giordano Group to represent both sides. If you are looking to buy, sell, or invest in Real Estate reach out today. Our team would love to help you get it done❗️🏡 Who you work with matters! When working with us we provide white glove style service, ensure no stress and seamless transaction from start to finish. Call me and Let’s get it done. 📱732-796-8784

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$56,533.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,765.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,024.94
Annual Debt Service$60,299.29