facebook
Traded Co logo
Submit
Daily limit: 0/10

Brian Henry Acquires Multifamily Property In Downtown Jersey City For $1,365,000

Property Image
SOLD
$1,365,000

New Jersey

See Similar Deals
MultiFamily
Sold
the dealplayerscompscontact
Property Image
SOLD

Brian Henry Acquires Multifamily Property In Downtown Jersey City For $1,365,000

352 5th Street

See Similar Deals
MultiFamily
Sold
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

This renovated two-family row house in Downtown Jersey City sold for $1,365,000. It features modern amenities, a garden, and terrace, offering a comfortable living space in a vibrant neighborhood.

Summary of transation details

This sale was facilitated by Brian Henry of Boyne Realty, serving as the broker. The property presents a fantastic opportunity for residents to enjoy a renovated two-family row house with modern amenities, including a garden and terrace. Situated in Downtown Jersey City, the vibrant neighborhood adds to the appeal of the property, offering a comfortable living space in a highly sought-after location.

Players

Brian Henry
7 deals$12M volume
BROKER

Details

SOLD
IMAGE: Brian Henry DATE: 09/13/2023 ADDRESS: 352 5th Street MARKET: Jersey City ASSET TYPE: Multifamily BROKER: Brian Henry - Boyne Realty (@BoyneRealtyBoyneMountain) SALE PRICE: $1,365,000 NOTE: This renovated two-family row house in Downtown Jersey City sold for $1,365,000. It features modern amenities, a garden, and terrace, offering a comfortable living space in a vibrant neighborhood.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$72,799.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,849.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,470.80
Annual Debt Service$77,649.56