Keller Williams City Life JC Represents Buyer In $1.75M Condo Sale On Grand St, Jersey City
SOLD
$1,750,000
New Jersey
See Similar Deals4,000 SF
Sold 01/24/2022
SOLD
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
See Similar Deals4,000 SF
Sold 01/24/2022
Summary
NEW JERSEY
Price Per Square Foot:$437
Total Square Footage:4,000 SF
Transaction Type:Sale
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].
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
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