Keller Williams City Life JC Represents Buyer In $1.75M Condo Sale On Grand St, Jersey City
83 Grand Street, Jersey City, New Jersey 07302, United States
$1,750,000
$437/SF
Building Size
4,000 SF
Asset Type
—
Closing
Jan 23, 2022
AI
A 4,000 square foot condominium located at 83 Grand St in Jersey City Downtown- Paulus Hook has been sold for $1,750,000. The condo, listed by Kelly Bastidas of West Hoboken Residential, was sold by Stephen Gucciardo of Keller Williams City Life JC. The asking price for the property was $1,800,000, resulting in a price per square foot of $438.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,750,000
- Address: 83 Grand St
- Market: Jersey City Downtown- Paulus Hook
- Square Footage: 4,000
- Buyer's Rep: Stephen Gucciardo - Keller Williams City Life JC
- Seller's Rep: Kelly Bastidas - West Hoboken Residential
For any condo sales consultation (seller or buyer), please contact [email protected].
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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93