Multifamily Property On John F. Kennedy Boulevard In Jersey City Sold For $1.6M With Buyer's Rep Liza Rogala & Seller's Rep Christine Ayubi
3436 John F Kennedy Boulevard
$1,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 19, 2023
AI
A multifamily property located at 3436 John F. Kennedy Boulevard in Jersey City has been sold for $1,600,000. This property is situated within the Jersey City market and comprises multiple residential units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 3436 John F. Kennedy Boulevard, Jersey City
Liza Rogala, representing Christie's International Real Estate, acted as the buyer's representative in this transaction. On the other side, Christine Ayubi, from PRIME Real Estate Group, represented the seller.
This sale signifies the successful transfer of a multifamily property in Jersey City. With Liza Rogala working on behalf of the buyer and Christine Ayubi representing the seller, both parties were able to reach an agreement resulting in the sale of the property.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93