SOLDMultiFamily
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
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.
Players
Jersey City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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