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128 Harrison St, Hoboken, N...

Engel & Völkers Hoboken Represents Sale Of Condo At 128 Harrison St., Hoboken, NJ
SOLD

Engel & Völkers Hoboken Represents Sale Of Condo At 128 Harrison St., Hoboken, NJ

128 Harrison St, Hoboken, NJ, USA

$955,000

$697/SF

Building Size

1,369 SF

Asset Type

Closing

Sep 1, 2021

AI

The recently closed property transaction in Hoboken, NJ involved the sale of a condominium located at 128 Harrison St. The condo, with a total area of 1,369 square feet, was sold for a price of $955,000, exceeding the initial asking price of $939,000. The transaction took place on September 1, 2021.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $955,000
  • Address: 128 Harrison St. Hoboken, NJ
  • Square Footage: 1,369
  • Asking Price: $939,000
  • Price per Square Foot: $698
  • Buyer's Representative: Jih-Chung Lin
  • Seller's Representative: Alex Taylor, Engel & Völkers Hoboken

The buyer in this transaction was represented by Jih-Chung Lin, while Alex Taylor, from Engel & Völkers Hoboken, acted as the seller's representative. The sale price of $955,000 indicates a price per square foot of $698.

Players

Alex Taylor

Engel & Völkers

Broker

$2.6M

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

16.61%

Cash-on-Cash

-4.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93