facebook
Traded Co logo
Submit

West Hoboken Residential Facilitates $1.7M Off-Market Multifamily Sale In Jersey City

Property Image
SOLD
$1,700,000

New Jersey

See Similar Deals
MultiFamily3,639 SF
Sold 01/17/2024
the dealplayerscompscontact
Property Image
SOLD

West Hoboken Residential Facilitates $1.7M Off-Market Multifamily Sale In Jersey City

3650 John F Kennedy Boulevard

See Similar Deals
MultiFamily3,639 SF
Sold 01/17/2024
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$467
Total Square Footage:3,639 SF
Transaction Type:Sale

A multifamily property located at 3650 John F Kennedy Boulevard in Jersey City has been sold in an off-market transaction. The property consists of 2 units with a total square footage of 3,639. The sale price for the property was $1,700,000, resulting in a price per unit of $850,000 and a price per square foot of $467.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,700,000
  • Number of Units: 2
  • Price per Unit: $850,000
  • Square Footage: 3,639
  • Price per Square Foot: $467
  • Address: 3650 John F Kennedy Boulevard, Jersey City

The sale of this property was facilitated by Christian Bastidas, Angelo Del Monaco, and Steven Caraccio from West Hoboken Residential. They are experienced brokers who handle various types of real estate transactions, including new construction, condo conversion, and multi-family properties in Hudson County. For sellers interested in conducting off-market transactions, Christian and Angelo can be contacted at [email protected] and [email protected].

Players

Christian Bastidas
10 deals$10.1M volume
BROKER

Steven Caraccio
West Hoboken Residential
5 deals$6.2M volume
BROKER

Angelo Del Monaco
West Hoboken Residential
3 deals$5.1M volume(201) 679-4539
BROKER

Details

SOLD
IMAGE: Christian Bastidas & Angelo Del Monaco DATE: 01/17/2024 ADDRESS: 3650 John F Kennedy Boulevard MARKET: Jersey City ASSET TYPE: Multifamily BROKERS: Christian Bastidas, Angelo Del Monaco (@Agent_Cashflow) & Steven Caraccio - West Hoboken Residential (@WestHobokenResidential) SALE PRICE: $1,700,000 UNITS: 2 ~ PPU: $850,000 SF: 3,639 ~ PPSF: $467 NOTE FROM BROKERS : This transaction was performed OFF MARKET. If you are a seller seeking to sell your property OFF MARKET contact : Christian & Angelo - [email protected] & [email protected]. We handle 1031 exchange purchases , new construction, condo conversion, multi family, - HUDSON COUNTY

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)

$90,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41