SOLDCo-Op
Sherwin Su Acquires SFR In Jersey City From David Fernandez With Broker Allen Walton - Keller Williams For $2.3M
19 Erie Street
$2,300,000
$1,134/SF
Building Size
2,028 SF
Asset Type
Co-Op
Closing
Dec 21, 2022
AI
A single-family home located at 19 Erie Street in Jersey City has been sold for a total price of $2,300,000. The property spans 2,028 square feet and has a price per square foot of $1,134.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,300,000
- Address: 19 Erie Street, Jersey City
- Square Footage: 2,028
- Price per Square Foot: $1,134
The buyer in this transaction is Sherwin Su, while the seller is David Fernandez. Representing the buyer, Allen Walton from Keller Williams facilitated the deal as the broker.
Players
Jersey City Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93