Updated Dec 4, 2024
Karine Nunes & Robert Dekanski Broker Multifamily Sale In Jersey City For $1.17M
21 Poplar Street
$1,170,000
$366/SF
Building Size
3,191 SF
Asset Type
MultiFamily
Closing
Apr 3, 2024
About this deal
AI
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.
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
13.56%
Cash-on-Cash
-3.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93