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Ozzy Rezai & Nader Rezai Of Hudson Gold Properties Represent Sale Of Jersey City Multifamily For $1.845M

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SOLD
$1,845,000

New Jersey

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MultiFamily3,280 SF
Sold 11/13/2024
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Property Image
SOLD

Ozzy Rezai & Nader Rezai Of Hudson Gold Properties Represent Sale Of Jersey City Multifamily For $1.845M

104 Zabriskie Street

See Similar Deals
MultiFamily3,280 SF
Sold 11/13/2024
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Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$562
Total Square Footage:3,280 SF
Transaction Type:Sale

The asset involved in this transaction is a multifamily property located at 104 Zabriskie Street in Jersey City. The sale price was $1,845,000 for two units, with a combined square footage of 3,280. The price per unit amounts to $922,500, resulting in a price per square foot of $562.50.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,845,000
  • Units: 2
  • Square Footage: 3,280
  • Price per Unit: $922,500
  • Price per Square Foot: $562.50
  • Address: 104 Zabriskie Street
  • Market: Jersey City

This transaction was represented by brokers Ozzy Rezai and Nader Rezai from Hudson Gold Properties - Sotheby's International Realty. Both brokers provided services in facilitating the sale of the newly constructed duplex, which includes features such as three bedrooms, two and a half bathrooms, a private backyard, and a side-by-side garage parking space.

Players

Nader Rezai
1 deal$1.8M volume(201) 736-5713
BROKER

Details

SOLD
IMAGE: Ozzy Rezai & Nader Rezai DATE: 11/13/2024 ADDRESS: 104 Zabriskie Street MARKET: Jersey City ASSET TYPE: Multifamily BROKERS: Ozzy Rezai (@OzzyRezai) & Nader Rezai - Hudson Gold Properties (@HudsonGold) - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $1,845,000 UNITS: 2 ~ PPU: $922,500 SF: 3,280 ~ PPSF: $562 NOTE FROM BROKER: Both units 1 and 2 were sold for $1,845,000, with a combined approximate square footage of 3,280 sqft, equating to $562.50 per sqft. Congratulations to the new owners of this stylish, newly constructed duplex in Jersey City Heights! This lovely home features three roomy bedrooms, two and a half bathrooms, a private backyard, and a unique side-by-side garage parking space. Nestled in a lively neighborhood, residents will benefit from convenient access to local shops, restaurants, and parks, making it a perfect choice for those who value both accessibility and community. Welcome to a home where every detail has been carefully designed for a contemporary lifestyle.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$6,554.90
Cash-on-Cash Return-1.27%
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