SOLDMultiFamily
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
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.
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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93