facebook

traded

+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

136 Sussex Street

Jersey City Multifamily Sold For $2.05M With Buyer's Rep Brian Henry & Seller's Rep Stephen Gucciardo
SOLDMultiFamily

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

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.

Players

Brian Henry

Boyne Realty

Broker

$12M

vol

7 deals

Broker

Jersey City 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

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93