SOLDMultiFamily
Allison McCrudden - Howard Hanna Rand Realty Sells Multifamily Property In Jersey City For $1.2M
196 Zabriskie Street, Jersey City, NJ, USA
$1,200,000
$449/SF
Building Size
2,671 SF
Asset Type
MultiFamily
Closing
Feb 9, 2021
AI
An multifamily property located at 196 Zabriskie St in Jersey City has been sold for a price of $1,200,000. The transaction took place on 02/10/2021. The property was listed by Allison McCrudden from Howard Hanna Rand Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 196 Zabriskie St
- Market: Jersey City
Allison McCrudden from Howard Hanna Rand Realty represented the seller in this sale of the multifamily property.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93