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
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