Gabby Cali & Gregory Pope Of Cali Capital Secures $1.125M Refinance Loan For Multifamily In Jersey City
69 Tonnelle Avenue
$1,125,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 17, 2025
AI
The property asset involved in this transaction is a multifamily building located at 69 Tonnelle Avenue in Jersey City. The loan amount for the refinancing was $1,125,000 with terms set at 75% LTV, featuring 10 years of interest-only payments followed by a 30-year term.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,125,000
- Loan Type: Refinance
- Loan Terms: 75% LTV, 10 Years I/O, 30 Year Term
- Date: 12/18/2025
- Address: 69 Tonnelle Avenue
- Market: Jersey City
The deal was represented by Gabby Cali and Gregory Pope from Cali Capital. Gabby Cali serves as the CEO, while Gregory Pope is an analyst. Their efforts resulted in securing favorable terms, allowing the client to maximize cash flow and cash out proceeds for reinvestment in the next commercial real estate investment property. Contact information for the brokers includes Gabby Cali at 732-962-3242 and [email protected], and Gregory Pope at 469-616-4140 and [email protected].
Jersey City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93