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
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.
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