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100 104 Romaine Ave

Sinai Grossman Purchases Multifamily Asset At 100 104 Romaine Ave From Avi Mega For $4.25M
SOLDMultiFamily

Sinai Grossman Purchases Multifamily Asset At 100 104 Romaine Ave From Avi Mega For $4.25M

100 104 Romaine Ave

$4,250,000

$188/SF

Building Size

22,500 SF

Asset Type

MultiFamily

Closing

Nov 24, 2025

AI

The property involved in this transaction is located at 100 104 Romaine Ave in Jersey City. This multi-family asset has a total square footage of 22,500 and was sold for $4,250,000.00.

Summary of transaction details:

Sinai Grossman acquired the property from seller Avi Mega, with the transaction facilitated by Steven Matovski, who represented Redwood Realty Advisors in the deal.

Players

Steven Matovski

Redwood Realty Advisors

Broker

$133.8M

vol

40 deals

Broker

Sinai Grossman

Buyer
Buyer

Avi Mega

Seller
Seller

Jersey City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.73%

Cash-on-Cash

-1.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93