Updated Dec 20, 2023
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
About this deal
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.
The multifamily sale at 196 Zabriskie Street, Jersey City, NJ, USA in Jersey City, New Jersey sold for $1.2M in 2021. The building is 2,671 square feet, implying about 449 per square foot on the published price. Named participants on the 196 Zabriskie Street, Jersey City, NJ, USA sale are Allison McCrudden. This page is the Jersey City, New Jersey file for the 196 Zabriskie Street, Jersey City, NJ, USA 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 Zabriskie Street, Jersey City, NJ, USA around 2021. Published consideration for 196 Zabriskie Street, Jersey City, NJ, USA is $1.2M, dated 2021. Cite this Allison McCrudden - Howard Hanna Rand Realty Sells Multifamily Property In Jersey City For $1.2M 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93