Updated Dec 4, 2024
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.
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
12.51%
Cash-on-Cash
-3.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93