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
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.
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