Updated Dec 20, 2023
Sara Kohn Sells Multifamily Property On Whiton St, Jersey City For $865,000
225 Whiton Street, Jersey City, New Jersey 07304, United States
$865,000
$276/SF
Building Size
3,125 SF
Asset Type
MultiFamily
Closing
May 19, 2022
About this deal
AI
A multifamily property located at 225 Whiton St in Jersey City has been sold for a total of $865,000. The property consists of 2 units, with a price per unit of $432,500. The total square footage of the property is 3,125, resulting in a price per square foot of $277.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $865,000
- Address: 225 Whiton St, Jersey City
- Market: Jersey City
- Units: 2
- Price Per Unit: $432,500
- Square Footage: 3,125
- Price Per Square Foot: $277
The seller of the property is Sara Kohn. The transaction was facilitated by Alena Ciccarelli from Christie's International Real Estate.
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
18.34%
Cash-on-Cash
-5.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93