$1.025M Multifamily Sale In Jersey City At 15 Bentley Ave With Weichert, Realtors
SOLD
$1,025,000
New Jersey
See Similar DealsMultiFamily2,701 SF
Sold 02/17/2021
SOLD
$1.025M Multifamily Sale In Jersey City At 15 Bentley Ave With Weichert, Realtors
15 Bentley Ave, Jersey City, NJ, USA
See Similar DealsMultiFamily2,701 SF
Sold 02/17/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$379
Total Square Footage:2,701 SF
Transaction Type:Sale
The multifamily property located at 15 Bentley Ave in Jersey City has been sold for $1,025,000. The transaction took place on February 17, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,025,000
- Address: 15 Bentley Ave
- Market: Jersey City
The sale of this multifamily property was facilitated by Daniel Pelosi, Irina Barnaby, and Tiffanie Grinage of Weichert, Realtors. They represented the buyer or seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,641.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,859.02
Annual Debt Service$58,308.28
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