SOLDMultiFamily
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
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.
Players
Jersey City 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93