Jonathan Zamora & Chez Eider Acquire Multifamily Property In New Brunswick, NJ For $2.5M
SOLD
New Jersey
See Similar DealsMultiFamily8,505 SF
Sold 05/19/2020
SOLD
Jonathan Zamora & Chez Eider Acquire Multifamily Property In New Brunswick, NJ For $2.5M
19-25 Henry Street, New Brunswick, NJ, USA
See Similar DealsMultiFamily8,505 SF
Sold 05/19/2020
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$293
Total Square Footage:8,505 SF
Transaction Type:Sale
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
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
Is there something missing? Send suggestions