Updated Dec 21, 2023
Coldwell Banker Realty Represents Both Buyer And Seller In $2.25M Jersey City Multifamily Sale
267 4th Street, Jersey City, New Jersey 07302, United States
$2,250,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 9, 2022
About this deal
AI
An multifamily property located at 267 4th St in Jersey City was recently sold for $2,250,000. The property is situated in the market of Jersey City and features multiple residential units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Address: 267 4th St, Jersey City
- Market: Jersey City
The buyer of the property was represented by Michael Check from Coldwell Banker Realty, while the seller was represented by Patrick Southern, also from Coldwell Banker Realty.
The multifamily sale at 267 4th Street, Jersey City, New Jersey 07302, United States in Jersey City, New Jersey sold for $2.3M in 2022. 267 4th Street, Jersey City, New Jersey 07302, United States is classified as Multifamily on Traded. Michael Check, Patrick Southern, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Jersey City, New Jersey file for the 267 4th Street, Jersey City, New Jersey 07302, United States 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 267 4th Street, Jersey City, New Jersey 07302, United States around 2022. Published consideration for 267 4th Street, Jersey City, New Jersey 07302, United States is $2.3M, dated 2022. Cite this Coldwell Banker Realty Represents Both Buyer And Seller In $2.25M Jersey City Multifamily Sale 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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93