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196 5th Street, Jersey City...

Updated Dec 21, 2023

Jersey City Multifamily Acquired For $1.61M By Diane Rivera - CENTURY 21 Preferred Realty
SOLDMultiFamily

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

Diane Rivera

Century 21

Broker

$9.7M

vol

10 deals

Broker

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

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