Vish Kruk Purchases Multifamily Asset In Jersey City From Rob Epifano For $4.35M
214 Warren Street
$4,350,000
$378/SF
Building Size
11,500 SF
Asset Type
MultiFamily
Closing
Apr 29, 2025
AI
The property asset involved in this transaction is a multifamily unit located at 214 Warren Street in Jersey City. The sale price was recorded at $4,350,000, with a total square footage of 11,500 and a price per square foot of $378.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,350,000
- Address: 214 Warren Street
- Market: Jersey City
- Square Footage: 11,500
- Price Per Square Foot: $378
- Buyer: Vish Kruk
- Seller: Rob Epifano
- Broker: Steven Matovski - Redwood Realty Advisors
This transaction involved Vish Kruk as the buyer and Rob Epifano as the seller, with Steven Matovski representing the interests of the buyer as the broker. The deal showcases an active market engagement in the Jersey City multifamily sector, with successful representation by Redwood Realty Advisors.
Jersey City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93