Updated Oct 14, 2026
Moses Schwartzman Purchases 45 Leonard St Multifamily Property In Jersey City For $1,650,000
45 Leonard St
$1,650,000
$220/SF
Building Size
7,500 SF
Asset Type
MultiFamily
Closing
Oct 19, 2017
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 45 Leonard St in Jersey City. It was sold for a transaction amount of $1,650,000.00, encompassing a total square footage of 7,500.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,650,000.00
- Address: 45 Leonard St
- Market: Jersey City
- Square Footage: 7500.0
- Buyer: Moses Schwartzman
- Seller: Paul Schmidt
- Broker: Steven Matovski - Redwood Realty Advisors
The deal was facilitated by Steven Matovski, who represented the seller, Paul Schmidt, in this transaction. The buyer, Moses Schwartzman, concluded the purchase as part of the real estate activities within the Jersey City market.
On the Map
$1,650,000
$220/SF
MultiFamily
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Players
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93