Updated Dec 21, 2023
Jill Biggs Of Coldwell Banker Realty Facilitates $1.85M Multifamily Sale In Jersey City, NJ
104 Grand Street, Jersey City, NJ 07302, USA
$1,850,000
$948/SF
Building Size
1,950 SF
Asset Type
MultiFamily
Closing
Aug 30, 2021
About this deal
AI
The multifamily property located at 104 Grand St in Jersey City, NJ was recently sold for a price of $1,850,000. The sale took place on 08/30/2021, and the transaction was facilitated by Jill Biggs from Coldwell Banker Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Date: 08/30/2021
- Address: 104 Grand St, Jersey City, NJ
- Market: Jersey City, NJ
Jill Biggs from Coldwell Banker Realty played a crucial role as the broker in this transaction. Their expertise and representation ensured a successful sale of the multifamily property at 104 Grand St.
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93