Updated Dec 21, 2023
Compass Represents Buyer And Global Dabu Realty Represents Seller In $1.035M Multifamily Sale In Jersey City
262 Ege Avenue, Jersey City, New Jersey 07304, United States
$1,035,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 10, 2022
About this deal
AI
A multifamily property located at 262 Ege Ave in Jersey City has been sold for $1,035,000. The property is situated in a prime location and offers great potential for investment in the thriving real estate market of Jersey City.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,035,000
- Address: 262 Ege Ave, Jersey City
- Market: Jersey City
The buyer's representative in this deal was Max Vishnev from Compass, while the seller's representative was Natalie Behman from Global Dabu Realty. With their expertise, both representatives were able to successfully negotiate and close the transaction.
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
15.33%
Cash-on-Cash
-4.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93