Updated Dec 4, 2024
Pavel Saikin Acquires Multifamily Property In Jersey City For $2.225M As Buyer's Rep
309 York Street
$2,225,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 27, 2024
About this deal
AI
A multifamily property located at 309 York Street in Jersey City was sold for $2.225 million.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,225,000
- Address: 309 York Street
- Market: Jersey City
Pavel Saikin of Corcoran Sawyer Smith represented the buyer, while Patrick Southern of Coldwell Banker represented the seller in the transaction.
The multifamily sale at 309 York Street in Jersey City, New Jersey sold for $2.2M in 2024. 309 York Street is classified as Multifamily on Traded. Pavel Saikin, Patrick Southern, Coldwell Banker, The Corcoran Group appear on the sale alongside Coldwell Banker, The Corcoran Group. This page is the Jersey City, New Jersey file for the 309 York Street 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 309 York Street around 2024. Published consideration for 309 York Street is $2.2M, dated 2024. Cite this Pavel Saikin Acquires Multifamily Property In Jersey City For $2.225M As Buyer's Rep 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
7.13%
Cash-on-Cash
-2.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93