Updated Dec 21, 2023
Jonathan Zamora & Chez Eider Acquire Multifamily Property In New Brunswick, NJ For $2.5M
19-25 Henry Street, New Brunswick, NJ, USA
$2,500,000
$293/SF
Building Size
8,505 SF
Asset Type
MultiFamily
Closing
May 19, 2020
About this deal
AI
Located at 19-25 Henry Street in New Brunswick, NJ, this multifamily property was recently sold for a price of $2,500,000. The transaction took place on May 19, 2021. The property consists of 21 units, resulting in a price per unit of $119,048. The asset is situated in the New Brunswick market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Units: 21
- Price Per Unit: $119,048
- Market: New Brunswick, NJ
The sale of this multifamily property was facilitated by Jonathan Zamora and Chez Eider, who served as the brokers for the transaction.
On the Map
$2,500,000
$293/SF
MultiFamily
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Players
East Brunswick 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93