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101 Leonard Street

Exp Realty Acquires 101 Leonard St Multifamily In Jersey City For $1.22M
SOLDMultiFamily

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

Junko Nachamie

Otsubo Realty

Broker

$1.2M

vol

1 deal

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

13.00%

Cash-on-Cash

-3.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93