SOLDMultiFamily
Jersey City Multifamily Sale By Natalie Esfandiari & Meena R. Patel For $1.04M
74 Hutton Street
$1,040,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 26, 2024
AI
In Jersey City, 74 Hutton Street, a multifamily property, was sold for $1,040,000. The property consists of 5 units, with a price per unit of $208,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,040,000
- Address: 74 Hutton Street
- Market: Jersey City
- Units: 5
- Price Per Unit: $208,000
- Buyer's Rep: Natalie Esfandiari - Weichert Realtors
- Seller's Rep: Meena R. Patel - Keller Williams Village Square Realty
Natalie Esfandiari from Weichert Realtors represented the buyer in this transaction, while Meena R. Patel from Keller Williams Village Square Realty represented the seller.
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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93