Updated Sep 9, 2024
Natalia Chebalina & Frank Darden Moorefield Close $1.86M Multifamily Sale In Jersey City, NJ
138 Sussex Street, Jersey City, NJ 07302, USA
$1,860,000
$1,115/SF
Building Size
1,667 SF
Asset Type
MultiFamily
Closing
Aug 24, 2021
About this deal
AI
The multifamily property located at 138 Sussex St in Jersey City, NJ was recently sold for $1,860,000 on August 24, 2021. The transaction involved the buyer's representative, Natalia Chebalina from Weichert, Realtors, and the seller's representative, Frank Darden Moorefield from Keller Williams City Life JC Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,860,000
Natalia Chebalina from Weichert, Realtors represented the buyer in this sale, while Frank Darden Moorefield from Keller Williams City Life JC Realty represented the seller.
Players
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
8.53%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93