SOLDMixed-use
55 Griffith LLC Acquires Mixed-use Property At 65 South St Jersey City For $1,200,000
65 South St
$1,200,000
$412/SF
Building Size
2,909 SF
Asset Type
Mixed-use
Closing
Apr 8, 2022
AI
No summary available.
Players
Jersey City Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93