Kislak Brokers Sell Multifamily Property In Elizabeth For $14.3M
SOLD
$14,300,000
New Jersey
See Similar DealsMultiFamily
Sold
SOLD
Kislak Brokers Sell Multifamily Property In Elizabeth For $14.3M
315 West Grand Street, Elizabeth, New Jersey 07202, United States
See Similar DealsMultiFamily
Sold
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 315 West Grand Street in Elizabeth has been sold. The transaction took place on 03/08/2022 and was facilitated by Joseph Keenan, Jeff Squires, and Joni Sweetwood from Kislak. The property consists of 193 units, with a sale price of $14,300,000 and a per unit price of $74,093.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $14,300,000
- Address: 315 West Grand Street
- Market: Elizabeth
- Brokers: Joseph Keenan, Jeff Squires, and Joni Sweetwood - Kislak
- Units: 193
- Price Per Unit: $74,093
The involvement of Joseph Keenan, Jeff Squires, and Joni Sweetwood of Kislak in this transaction highlights the expertise and professionalism they bring to the table. Their representation ensured a successful sale of this multifamily property in Elizabeth.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$762,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$50,804.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$67,789.30
Annual Debt Service$813,471.55
Is there something missing? Send suggestions