Updated Dec 20, 2023
Antonio Visaggio Of Coldwell Banker Realty Sells Multifamily Property In Jersey City For $1.05M
314 Pavonia Avenue, Jersey City, NJ, USA
$1,050,000
$629/SF
Building Size
1,667 SF
Asset Type
MultiFamily
Closing
Feb 3, 2021
About this deal
AI
A multifamily property located at 314 Pavonia Ave in Jersey City has been sold. The transaction took place on 02/04/2021, with a sale price of $1,050,000. The property was listed by Antonio Visaggio from Coldwell Banker Realty.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,050,000
Antonio Visaggio from Coldwell Banker Realty represented the seller in this deal.
The multifamily sale at 314 Pavonia Avenue, Jersey City, NJ, USA in Jersey City, New Jersey sold for $1.1M in 2021. The building is 1,667 square feet, implying about 629 per square foot on the published price. Antonio Visaggio, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Jersey City, New Jersey file for the 314 Pavonia Avenue, Jersey City, NJ, USA 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 314 Pavonia Avenue, Jersey City, NJ, USA around 2021. Published consideration for 314 Pavonia Avenue, Jersey City, NJ, USA is $1.1M, dated 2021. Cite this Antonio Visaggio Of Coldwell Banker Realty Sells Multifamily Property In Jersey City For $1.05M sale when underwriting similar multifamily product around Jersey City, New Jersey.
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Jersey City MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93