Updated Sep 9, 2024
Leda Duif Acquires Multifamily Property In Jersey City For $2.125M
353-355 4th St, Jersey City, NJ, USA
$2,125,000
$965/SF
Building Size
2,202 SF
Asset Type
MultiFamily
Closing
Feb 1, 2021
About this deal
AI
The multifamily property located at 353-355 4th St in Jersey City has been sold for $2,125,000 on 02/02/2021. The transaction was facilitated by broker Leda Duif from Sawyer Smith Residential Brokerage.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,125,000
- Address: 353-355 4th St
- Market: Jersey City
Leda Duif from Sawyer Smith Residential Brokerage represented the parties involved in the deal.
The multifamily sale at 353-355 4th St, Jersey City, NJ, USA in Jersey City, New Jersey sold for $2.1M in 2021. The building is 2,202 square feet, implying about 965 per square foot on the published price. Leda Duif, The Corcoran Group appear on the sale alongside The Corcoran Group. This page is the Jersey City, New Jersey file for the 353-355 4th St, Jersey City, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jersey City sit in the Market section below. Filter that Jersey City multifamily set by closing date to see what else sold near 353-355 4th St, Jersey City, NJ, USA around 2021. Published consideration for 353-355 4th St, Jersey City, NJ, USA is $2.1M, dated 2021. Cite this Leda Duif Acquires Multifamily Property In Jersey City For $2.125M sale when underwriting similar multifamily product around Jersey City, New Jersey.
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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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93