The Kislak Company Brokers Sell Multifamily Property In Elizabeth For $2.01M
134 East Jersey Street, Elizabeth, New Jersey 07206, United States
$2,010,000
$128/SF
Building Size
15,645 SF
Asset Type
MultiFamily
Closing
Mar 31, 2022
AI
The multifamily property located at 134 E Jersey St in Elizabeth has been sold for a price of $2,010,000. The transaction took place on April 1, 2022. The property consists of 12 units, with a price per unit of $167,500.
Summary of transaction details
- Type: Multifamily
- Sale Price: $2,010,000
- Address: 134 E Jersey St
- Market: Elizabeth
- Units: 12
- Price per Unit: $167,500
The sale of this multifamily property was facilitated by brokers Tom Scatuorchio and Justin Lupo from The Kislak Company.
Players
Elizabeth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.89%
Cash-on-Cash
-2.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93