Michelle Mumoli Of Compass Represents Buyer In Condo Sale At 99 Hudson Street For $1.05M
99 Hudson Street
$1,050,000
$1,354/SF
Building Size
775 SF
Asset Type
Condo
Closing
Oct 7, 2024
AI
The property asset involved in this transaction is a condo located at 99 Hudson Street in Jersey City, NJ. The sale price for the condo was $1,050,000, encompassing a total square footage of 775, resulting in a price per square foot of $1,354.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,050,000
- Market: Jersey City, NJ
- Square Footage: 775
- Price per Square Foot: $1,354
- Broker: Michelle Mumoli - Compass
Michelle Mumoli represented the buyer in this private off-market sale, which was facilitated through a commercial broker referral. The transaction was noted for the tailored effort made to meet the unique needs of the clients over a year-long search.
Players
Jersey City Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93