Updated Dec 4, 2024
Diana Sutherlin Of Compass Buys Multifamily Property In Jersey City For $1.3M As Buyer's Rep
155 Coles Street
$1,299,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 29, 2024
About this deal
AI
The multifamily property at 155 Coles Street in Jersey City was sold for $1,299,000. This property is located in the vibrant market of Jersey City.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,299,000
- Address: 155 Coles Street
- Market: Jersey City
Patrick Southern from Coldwell Banker represented the seller in the transaction, while Diana Sutherlin from Compass represented the buyer. This successful deal was completed on 03/29/2024, showcasing the expertise of the involved real estate professionals.
The multifamily sale at 155 Coles Street in Jersey City, New Jersey sold for $1.3M in 2024. 155 Coles Street is classified as Multifamily on Traded. Patrick Southern, Diana Sutherlin, Coldwell Banker, Compass appear on the sale alongside Coldwell Banker, Compass. This page is the Jersey City, New Jersey file for the 155 Coles Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jersey City sit in the Market section below. Filter that Jersey City multifamily set by closing date to see what else sold near 155 Coles Street around 2024. Published consideration for 155 Coles Street is $1.3M, dated 2024. Cite this Diana Sutherlin Of Compass Buys Multifamily Property In Jersey City For $1.3M As Buyer's Rep sale when underwriting similar multifamily product around Jersey City, New Jersey.
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
12.21%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93