SOLDMultiFamily
Weichert Brokers $925K Sale Of Multifamily Property In Bayonne, NJ
324 Avenue B, Bayonne, NJ, USA
$925,000
$370/SF
Building Size
2,500 SF
Asset Type
MultiFamily
Closing
Jun 1, 2020
AI
A multifamily property located at 324 Avenue B in Bayonne, NJ was recently sold. The transaction took place on 06/01/2021.
Summary of transaction details
- Property Type: Multifamily
- Asking Price: $999,000
- Sale Price: $925,000
- Address: 324 Avenue B, Bayonne, NJ
Natalie Esfandiari from Weichert represented the parties involved in the sale of this property.
Bayonne MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.15%
Cash-on-Cash
-4.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93