Updated Dec 19, 2023
Weichert, Realtors Acquires Multifamily Property In Jersey City For $1.65M
322 York Street, Jersey City, NJ 07302
$1,650,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 8, 2021
About this deal
AI
322 York St in Jersey City has been sold for $1,650,000. The property is a multifamily asset.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Date: 12/08/2021
- Address: 322 York St
- Market: Jersey City
The sale of 322 York St was facilitated by Daniel Pelosi, Carl Zehms, and Barbare Rofsky from Weichert, Realtors. They represented the buyer and seller in this transaction.
The multifamily sale at 322 York Street, Jersey City, NJ 07302 in Jersey City, New Jersey sold for $1.7M in 2021. 322 York Street, Jersey City, NJ 07302 is classified as Multifamily on Traded. Barbare Rofsky, Daniel Pelosi, Carl Zehms, Weichert Realtors appear on the sale alongside Weichert Realtors. This page is the Jersey City, New Jersey file for the 322 York Street, Jersey City, NJ 07302 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 322 York Street, Jersey City, NJ 07302 around 2021. Published consideration for 322 York Street, Jersey City, NJ 07302 is $1.7M, dated 2021. Cite this Weichert, Realtors Acquires Multifamily Property In Jersey City For $1.65M 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93