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.
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