Updated Dec 21, 2023
Coldwell Banker Residential Brokerage Sells Multifamily Property In Jersey City For $2.2M
117 Wayne St, Jersey City, NJ, USA
$2,225,100
$1,193/SF
Building Size
1,864 SF
Asset Type
MultiFamily
Closing
Feb 16, 2021
About this deal
AI
A multifamily property located at 117 Wayne St in Jersey City has been sold for $2,225,100. The sale was facilitated by Jill Biggs of Coldwell Banker Residential Brokerage.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $2,225,100
- Address: 117 Wayne St
- Market: Jersey City
Jill Biggs, representing Coldwell Banker Residential Brokerage, played a crucial role in the successful completion of the sale of this multifamily property.
The multifamily sale at 117 Wayne St, Jersey City, NJ, USA in Jersey City, New Jersey sold for $2.2M in 2021. The building is 1,864 square feet, implying about 1.2K per square foot on the published price. Jill Biggs, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Jersey City, New Jersey file for the 117 Wayne St, Jersey City, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jersey City sit in the Market section below. Filter that Jersey City multifamily set by closing date to see what else sold near 117 Wayne St, Jersey City, NJ, USA around 2021. Published consideration for 117 Wayne St, Jersey City, NJ, USA is $2.2M, dated 2021. Cite this Coldwell Banker Residential Brokerage Sells Multifamily Property In Jersey City For $2.2M sale when underwriting similar multifamily product around Jersey City, New Jersey.
Players
Jersey City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $2.2M for 1,864 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.13%
Cash-on-Cash
-2.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93