facebook
Traded Co logo
Submit

Casey Wang & Chenyue Xie Sell 15 Wayne Street Multifamily For $1.875M

Property Image
SOLD
$1,875,000

New Jersey

See Similar Deals
MultiFamily3,000 SF
Sold 02/27/2024
the dealplayerscompscontact
Property Image
SOLD

Casey Wang & Chenyue Xie Sell 15 Wayne Street Multifamily For $1.875M

15 Wayne Street

See Similar Deals
MultiFamily3,000 SF
Sold 02/27/2024
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$625
Total Square Footage:3,000 SF
Transaction Type:Sale

The multifamily property located at 15 Wayne Street in Jersey City, NJ, was sold for $1,875,000. The property consists of 3 units with a total square footage of 3,000. The price per unit was $625,000, and the price per square foot was $625.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,875,000
  • Units: 3
  • Square Footage: 3,000
  • Price per Unit: $625,000
  • Price per Square Foot: $625
  • Address: 15 Wayne Street, Jersey City, NJ

Casey Wang and Chenyue Xie were the sellers of the property, and the transaction was facilitated by Alexander Bush from Keller Williams.

Players

Alexander Bush
3 deals$4.9M volume
BROKER

Details

SOLD
IMAGE: Alexander Bush DATE: 02/27/2024 ADDRESS: 15 Wayne Street MARKET: Jersey City, NJ ASSET TYPE: Multifamily SELLER: Casey Wang & Chenyue Xie BROKERS: Alexander Bush (@JerseyCityHome) - Keller Williams (@KellerWilliamsRealty) SALE PRICE: $1,875,000 UNITS: 3 ~ PPU: $625,000 SF: 3,000 ~ PPSF: $625

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$100,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,661.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,888.46
Annual Debt Service$106,661.48