Updated Dec 4, 2024
Jersey City Multifamily Sold For $2.05M With Buyer's Rep Brian Henry & Seller's Rep Stephen Gucciardo
136 Sussex Street
$2,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 30, 2023
About this deal
AI
A multi-family property located at 136 Sussex Street in Jersey City was sold for $2,050,000. The transaction was facilitated by Brian Henry of Boyne Realty representing the buyer, and Stephen Gucciardo of Keller Williams representing the seller.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Address: 136 Sussex Street, Jersey City
- Market: Jersey City
Brian Henry, from Boyne Realty, acted as the buyer's representative, while Stephen Gucciardo, from Keller Williams, acted as the seller's representative in this transaction.
On the Map
$2,050,000
MultiFamily
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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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93