Updated Sep 9, 2024
Brian Henry's Boyne Realty Sells MultiFamily Property On Mercer Street For $2.05M
144 Mercer St Jersey City, NJ 07302, USA
$2,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 21, 2023
About this deal
AI
The multi-family property located at 144 Mercer Street in Jersey City has been sold in a recent transaction. The property was listed by Brian Henry of Boyne Realty. The sale price for the property was $2,050,000.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $2,050,000
- Market: Jersey City
The transaction was facilitated by Brian Henry from Boyne Realty. He represented the seller in the deal, ensuring a successful closing for all parties involved.
The multifamily sale at 144 Mercer St Jersey City, NJ 07302, USA in New Jersey, New Jersey sold for $2.1M in 2023. 144 Mercer St Jersey City, NJ 07302, USA is classified as Multifamily on Traded. Brian Henry, Boyne Realty appear on the sale alongside Boyne Realty. This page is the New Jersey, New Jersey file for the 144 Mercer St Jersey City, NJ 07302, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New Jersey sit in the Market section below. Filter that New Jersey multifamily set by closing date to see what else sold near 144 Mercer St Jersey City, NJ 07302, USA around 2023. Published consideration for 144 Mercer St Jersey City, NJ 07302, USA is $2.1M, dated 2023. Cite this Brian Henry's Boyne Realty Sells MultiFamily Property On Mercer Street For $2.05M sale when underwriting similar multifamily product around New Jersey, New Jersey.
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New Jersey 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