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30 Wilkinson Avenue

Updated Dec 4, 2024

Compass Represents Buyer In $1.26M Multifamily Sale In Jersey City
SOLDMultiFamily

Compass Represents Buyer In $1.26M Multifamily Sale In Jersey City

30 Wilkinson Avenue

$1,268,000

Building Size

—

Asset Type

MultiFamily

Closing

Aug 31, 2023

About this deal

AI

A multifamily property located at 30 Wilkinson Avenue in Jersey City has been sold. The property is situated in the bustling market of Jersey City. The sale price for this multifamily asset was $1,268,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,268,000
  • Address: 30 Wilkinson Avenue
  • Market: Jersey City

Irina "Irene" Barnaby, a representative from Compass, acted as the buyer's representative in this transaction. On the other hand, Frank Darden Moorefield, associated with Keller Williams City Life Jersey City Realty, represented the seller's interests.

On the Map

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$1,268,000

MultiFamily

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Players

Irina Barnaby

Compass

Broker

$3.9M

vol

3 deals

Broker

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

12.51%

Cash-on-Cash

-3.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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