Updated Oct 28, 2024
Naomi Wasserman & Michal Hod Kohav Acquire Multifamily Property In Jersey City For $135K
332 Whiton Street, Jersey City, New Jersey 07304, United States
$135,000
$45/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
May 5, 2022
About this deal
AI
A multifamily property located at 332 Whiton St in Jersey City has been sold. The property, spanning 3,000 square feet, was sold by D2KL Associates LLC to Naomi Wasserman & Michal Hod Kohav of We.Build.This. The sale took place on 05/06/2022 for a total price of $135,000, resulting in a price per unit of $45,000 and a price per square foot of $45.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $135,000
- Address: 332 Whiton St
- Market: Jersey City
- Buyer: Naomi Wasserman & Michal Hod Kohav - We.Build.This
We.Build.This, a real estate development company, is actively seeking development opportunities in the Jersey City area. They specialize in ground-up multi-family and high-end condo unit construction. For more information or potential development opportunities, interested parties can contact them at [email protected].
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
117.50%
Cash-on-Cash
-33.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93