Daniel Dan Pelosi & Desreane Daniels Acquire Multifamily Property In Jersey City For $1.8M
SOLD
$1,799,000
New Jersey
See Similar DealsMultiFamily
Sold 01/14/2022
SOLD
Daniel Dan Pelosi & Desreane Daniels Acquire Multifamily Property In Jersey City For $1.8M
330 York Street, Jersey City, NJ 07302
See Similar DealsMultiFamily
Sold 01/14/2022
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 330 York St in Jersey City has been sold for a price of $1,799,000. The transaction took place on January 14, 2022. The property is situated in a prime location in Jersey City's market.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,799,000
- Date: 01/14/2022
- Address: 330 York St
- Market: Jersey City
The sale of the property was facilitated by Daniel "Dan" Pelosi and Desreane Daniels of Weichert, Realtors. They represented the buyer and seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$95,946.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,391.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,528.18
Annual Debt Service$102,338.13
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