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Karine Nunes & Robert Dekanski Broker Multifamily Sale In Jersey City For $1.17M
SOLD
New Jersey
See Similar DealsMultiFamily3,191 SF
Sold 04/03/2024
SOLD
Karine Nunes & Robert Dekanski Broker Multifamily Sale In Jersey City For $1.17M
21 Poplar Street
See Similar DealsMultiFamily3,191 SF
Sold 04/03/2024
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$366
Total Square Footage:3,191 SF
Transaction Type:Sale
21 Poplar Street in Jersey City is a multifamily property that was recently sold for $1,170,000. The property spans 3,191 square feet and was sold at a price per square foot of $367.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,170,000
- Address: 21 Poplar Street
- Market: Jersey City
- SF: 3,191
- Price Per Square Foot: $367
- Brokers: Karine Nunes & Robert Dekanski - Re/Max 1st Advantage
Karine Nunes and Robert Dekanski from Re/Max 1st Advantage were the representatives in the transaction of 21 Poplar Street in Jersey City.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,156.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,546.40
Annual Debt Service$66,556.76
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