Updated Dec 21, 2023
Garima Verma's United Real Estate Sells Multifamily Property On Liberty Ave For $1.15M
586 Liberty Ave, Jersey City, NJ, USA
$1,150,000
$884/SF
Building Size
1,300 SF
Asset Type
MultiFamily
Closing
Jun 9, 2021
About this deal
AI
A multifamily property located at 586 Liberty Ave in Jersey City, NJ was recently sold for $1,150,000. The sale took place on 06/10/2021.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,150,000
- Date: 06/10/2021
- Address: 586 Liberty Ave, Jersey City, NJ
- Market: Jersey City, NJ
The sale of this multifamily property was facilitated by Garima Verma of United Real Estate. The transaction was carried out through Garima Verma's representation.
The multifamily sale at 586 Liberty Ave, Jersey City, NJ, USA in Jersey City, New Jersey sold for $1.2M in 2021. The building is 1,300 square feet, implying about 884 per square foot on the published price. Named participants on the 586 Liberty Ave, Jersey City, NJ, USA sale are Garima Verma. This page is the Jersey City, New Jersey file for the 586 Liberty Ave, Jersey City, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jersey City sit in the Market section below. Filter that Jersey City multifamily set by closing date to see what else sold near 586 Liberty Ave, Jersey City, NJ, USA around 2021. Published consideration for 586 Liberty Ave, Jersey City, NJ, USA is $1.2M, dated 2021. Cite this Garima Verma's United Real Estate Sells Multifamily Property On Liberty Ave For $1.15M sale when underwriting similar multifamily product around Jersey City, New Jersey.
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93