facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

41 West 4th Street, Bayonne...

Weichert Realtor & Keller Williams City Life JC Sell Bayonne Multifamily For $1.49M
SOLDMultiFamily

Weichert Realtor & Keller Williams City Life JC Sell Bayonne Multifamily For $1.49M

41 West 4th Street, Bayonne, New Jersey 07002, United States

$1,490,000

$215/SF

Building Size

6,900 SF

Asset Type

MultiFamily

Closing

Jan 3, 2022

AI

A multifamily property located at 41-47 West 4th Street in Bayonne has been sold for a total of $1,490,000. The property consists of 8 units, with each unit having an average price per unit of $186,250. The total area of the property is 6,900 square feet, resulting in an average price per square foot of $216.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,490,000
  • Units: 8
  • Price Per Unit: $186,250
  • Square Footage: 6,900
  • Price Per Square Foot: $216

The sale of the property was facilitated by Natalie Esfandiari from Weichert Realtor and Christopher Piechocki from Keller Williams City Life JC. They represented the parties involved in the transaction and played a crucial role in closing the deal.

Players

Natalie Esfandiari

Weichert Realtors

Broker

$8.4M

vol

8 deals

Broker

Bayonne 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

10.65%

Cash-on-Cash

-3.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93