Updated Oct 2, 2026
Yis Ko Acquires Multifamily Property From Sean Garb In Bayonne For $1,999,980
970 Broadway
$1,999,980
$129/SF
Building Size
15,450 SF
Asset Type
MultiFamily
Closing
Mar 19, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 970 Broadway in Bayonne. The sale was finalized for $1,999,980, consisting of 12 units, with a price per unit of $166,665. The total square footage of the building is 15,450, resulting in a price per square foot of $129.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,999,980
- Buyer: Yis Ko
- Seller: Sean Garb
- Broker: Steven Matovski & Liam Holman - Redwood Realty Advisors
- Units: 12
- Price Per Unit: $166,665
- Square Footage: 15,450
- Price Per Square Foot: $129
This transaction involved Yis Ko as the buyer purchasing the property from seller Sean Garb, with the representation of brokers Steven Matovski and Liam Holman from Redwood Realty Advisors, facilitating the deal.
On the Map
$1,999,980
$129/SF
MultiFamily
View full map
Players
Bayonne MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Steven Matovski to view all their deals.
Browse Bayonne multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93