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245 4th Street, Jersey City...

Updated Dec 21, 2023

Lucy Liu Of Erealty Advisors Acquires Multifamily Property On 4th St, Jersey City For $1.65M
SOLDMultiFamily

Lucy Liu Of Erealty Advisors Acquires Multifamily Property On 4th St, Jersey City For $1.65M

245 4th Street, Jersey City, NJ, USA

$1,650,000

$450/SF

Building Size

3,663 SF

Asset Type

MultiFamily

Closing

Apr 22, 2021

About this deal

AI

A multifamily property located at 245 4th St in Jersey City has been sold for $1,650,000. The transaction took place on April 23, 2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,650,000
  • Address: 245 4th St
  • Market: Jersey City

The sale was facilitated by Lucy Liu from Erealty Advisors, Inc.

Please note that no additional information is available.

The multifamily sale at 245 4th Street, Jersey City, NJ, USA in Jersey City, New Jersey sold for $1.7M in 2021. The building is 3,663 square feet, implying about 450 per square foot on the published price. Named participants on the 245 4th Street, Jersey City, NJ, USA sale are Lucy Liu. This page is the Jersey City, New Jersey file for the 245 4th Street, Jersey City, NJ, USA 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 245 4th Street, Jersey City, NJ, USA around 2021. Published consideration for 245 4th Street, Jersey City, NJ, USA is $1.7M, dated 2021. Cite this Lucy Liu Of Erealty Advisors Acquires Multifamily Property On 4th St, Jersey City For $1.65M sale when underwriting similar multifamily product around Jersey City, New Jersey.

Players

Lucy Liu

Broker

$1.7M

vol

2 deals

Broker

Jersey City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $450 per square foot on a published $1.7M for 3,663 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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