Updated Dec 21, 2023
Jersey City Multifamily Acquired For $1.61M By Diane Rivera - CENTURY 21 Preferred Realty
196 5th Street, Jersey City, New Jersey 07302, United States
$1,610,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 29, 2022
About this deal
AI
A multifamily property located at 196 5th St in Jersey City has been sold for $1,610,000. The transaction took place on March 30, 2022. The property is situated in the Jersey City market and was listed for sale.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,610,000
- Date: 03/30/2022
- Address: 196 5th St
- Market: Jersey City
Diane Rivera of CENTURY 21 Preferred Realty, Inc. served as the broker for this transaction.
The multifamily sale at 196 5th Street, Jersey City, New Jersey 07302, United States in Jersey City, New Jersey sold for $1.6M in 2022. 196 5th Street, Jersey City, New Jersey 07302, United States is classified as Multifamily on Traded. Diane Rivera, Century 21 appear on the sale alongside Century 21. This page is the Jersey City, New Jersey file for the 196 5th Street, Jersey City, New Jersey 07302, United States 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 196 5th Street, Jersey City, New Jersey 07302, United States around 2022. Published consideration for 196 5th Street, Jersey City, New Jersey 07302, United States is $1.6M, dated 2022. Cite this Jersey City Multifamily Acquired For $1.61M By Diane Rivera - CENTURY 21 Preferred Realty 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
9.85%
Cash-on-Cash
-2.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93