Exp Realty Acquires 101 Leonard St Multifamily In Jersey City For $1.22M
101 Leonard Street
$1,220,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 3, 2024
AI
A multifamily property located at 101 Leonard Street in Jersey City has been acquired for $1.22 million. The transaction was facilitated by Exp Realty representing the buyer and Junko Nachamie of Otsubo Realty representing the seller.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,220,000
- Address: 101 Leonard Street
- Market: Jersey City
Exp Realty served as the buyer's representative, while Junko Nachamie of Otsubo Realty acted as the seller's representative in this $1.22 million transaction of the multifamily property.
Players
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
13.00%
Cash-on-Cash
-3.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93