Updated Dec 21, 2023
Wesley Tse Acquires Multifamily Property On Christopher Columbus Dr In Jersey City For $1.19M
236 Christopher Columbus Drive, Jersey City, NJ 07302
$1,190,000
$551/SF
Building Size
2,157 SF
Asset Type
MultiFamily
Closing
Jul 23, 2020
About this deal
AI
The multifamily property located at 236 Christopher Columbus Dr in Jersey City, NJ has been sold for a price of $1,190,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,190,000
- Market: Jersey City, NJ
Wesley Tse from Trompeter Real Estate represented the buyer in this transaction, while Carmine Simmons from Keller Williams City Life JC Realty represented the seller.
The multifamily sale at 236 Christopher Columbus Drive, Jersey City, NJ 07302 in Jersey City, New Jersey sold for $1.2M in 2020. The building is 2,157 square feet, implying about 551 per square foot on the published price. Named participants on the 236 Christopher Columbus Drive, Jersey City, NJ 07302 sale are Wesley Tse, Carmine Simmons. This page is the Jersey City, New Jersey file for the 236 Christopher Columbus Drive, Jersey City, NJ 07302 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 236 Christopher Columbus Drive, Jersey City, NJ 07302 around 2020. Published consideration for 236 Christopher Columbus Drive, Jersey City, NJ 07302 is $1.2M, dated 2020. Cite this Wesley Tse Acquires Multifamily Property On Christopher Columbus Dr In Jersey City For $1.19M 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
13.33%
Cash-on-Cash
-3.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93