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115 Garden Street, Hoboken,...

Mehak Rashid Acquires Condo At 115 Garden St Unit 3B In Hoboken For $1.51M
SOLD

Mehak Rashid Acquires Condo At 115 Garden St Unit 3B In Hoboken For $1.51M

115 Garden Street, Hoboken, New Jersey 07030, United States

$1,510,000

$943/SF

Building Size

1,600 SF

Asset Type

Closing

Mar 30, 2022

AI

A condo unit located at 115 Garden St Unit 3B in Hoboken has been sold in a recent transaction. The property, spanning 1,600 square feet, was listed for $1,450,000. The final sale price for the unit was $1,510,000, equating to a price per square foot of $944.

Summary of transaction details:

Danielle Fleming from Prime Real Estate Group and Matthew Gray from Nest Seekers International represented the parties involved in the transaction. The deal closed on 03/31/2022 and the property was sold to Mehak Rashid by Johnh Edwards & Kati Martin.

Players

Danielle Fleming

Broker

$6.1M

vol

3 deals

Broker

Hoboken CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.51%

Cash-on-Cash

-3.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93