Updated Dec 21, 2023
Daniel Dan Pelosi & Desreane Daniels Acquire Multifamily Property In Jersey City For $1.8M
330 York Street, Jersey City, NJ 07302
$1,799,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 14, 2022
About this deal
AI
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.
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
8.82%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93