facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

104-106 Grace Street

Updated Oct 28, 2024

Estate Of Dorothy Duffett Acquires Multifamily Property On Grace Street In Jersey City
SOLDMultiFamily

Estate Of Dorothy Duffett Acquires Multifamily Property On Grace Street In Jersey City

104-106 Grace Street

$1,050,000

$460/SF

Building Size

2,280 SF

Asset Type

MultiFamily

Closing

Aug 12, 2022

About this deal

AI

Located at 104-106 Grace Street in Jersey City, this multifamily property was recently sold in a closed transaction. The property consists of side by side 25x100 lots with an existing 2-family building. The sale price for this property was $1,050,000, with a total square footage of 2,280. The price per square foot was approximately $461.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Buyer: Estate of Dorothy Duffett
  • Seller: Shiv Builders
  • Broker: Steve Santurro - ReMax 1st Advantage

Representing both the buyer and the seller, Steve Santurro from ReMax 1st Advantage facilitated this transaction. This deal involved the Estate of Dorothy Duffett as the buyer and Shiv Builders as the seller. This successful transaction demonstrates the expertise and professionalism of Steve Santurro and his ability to bring both parties to a successful agreement.

Players

Stephen Santurro

Re/Max

Broker

$2.2M

vol

2 deals

Broker

Belfast MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $460 per square foot on a published $1.1M for 2,280 square feet (2022).

Visit Stephen (Steve) Santurro to view all their deals.

Browse Belfast multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets