Daily limit: 0/10
93 Reservoir Avenue Multifamily Property In Jersey City Sold For $1.3M With Buyer's Rep James Alvarez & Seller's Rep Patrick Southern
SOLD
$1,295,000
New Jersey
See Similar DealsMultiFamily
Sold 11/28/2023
SOLD
93 Reservoir Avenue Multifamily Property In Jersey City Sold For $1.3M With Buyer's Rep James Alvarez & Seller's Rep Patrick Southern
93 Reservoir Avenue
See Similar DealsMultiFamily
Sold 11/28/2023
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
93 Reservoir Avenue in Jersey City, a multifamily property, was sold for $1,295,000. The transaction took place on November 28, 2023. The property is located in Jersey City and is classified as a multifamily asset.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,295,000
- Market: Jersey City
- Buyer's Representative: James Alvarez - Corcoran Sawyer Smith
- Seller's Representative: Patrick Southern - Coldwell Banker
The buyer was represented by James Alvarez of Corcoran Sawyer Smith, while the seller was represented by Patrick Southern of Coldwell Banker.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$69,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,600.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,138.96
Annual Debt Service$73,667.53
Is there something missing? Send suggestions