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100 Lincoln Street, Jersey ...

Michael Dibi Represents Both Parties In $1.9M Off-Market Multifamily Sale In Jersey City Heights
SOLDMultiFamily

Michael Dibi Represents Both Parties In $1.9M Off-Market Multifamily Sale In Jersey City Heights

100 Lincoln Street, Jersey City, New Jersey 07307, United States

$1,900,000

$440/SF

Building Size

4,310 SF

Asset Type

MultiFamily

Closing

Feb 8, 2022

AI

A multifamily property located at 100 Lincoln St in Jersey City Heights has been sold in an off-market transaction for a total price of $1,900,000. The property consists of 6 units with an average price per unit of $316,667. The total square footage of the property is 4,310, resulting in a price per square foot of $441.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,900,000
  • Units: 6
  • Price per Unit: $316,667
  • Square Footage: 4,310
  • Price per Square Foot: $441
  • Address: 100 Lincoln St
  • Market: Jersey City Heights

Michael Dibi from Hudson Digs Realty represented both parties in this off-market transaction. For more information about this deal or to access other off-market opportunities in Jersey City and the surrounding areas, you can contact Michael Dibi directly at 973.747.6944 or by email at [email protected].

Players

Michael Dibi

Broker

$3.2M

vol

2 deals

Broker

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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93