Updated Sep 9, 2024
Peter Cossio Represents The Sale Of Hoboken Condo At 1500 Garden St For $4.65M
1500 Garden Street, Hoboken, New Jersey 07030, United States
$4,650,000
$2,325,000/SF
Building Size
2 SF
Asset Type
Condo
Closing
Dec 16, 2022
About this deal
AI
A condo located at 1500 Garden St in Hoboken has been sold for $4,650,000. The property is a 2,600 square foot unit that was sold at a price per square foot of $1,788. The sale took place on December 16, 2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,650,000
- Address: 1500 Garden St
- Market: Hoboken
- SF: 2,600
- PPSF: $1,788
The seller's representative for this transaction was Peter Cossio from Brown Harris Stevens.
The condo sale at 1500 Garden Street, Hoboken, New Jersey 07030, United States in Hoboken, New Jersey sold for $4.7M in 2022. The building is 2 square feet, implying about 2.3M per square foot on the published price. Peter Cossio, Brown Harris Stevens appear on the sale alongside Brown Harris Stevens. This page is the Hoboken, New Jersey file for the 1500 Garden Street, Hoboken, New Jersey 07030, United States condo sold: pricing, party profiles, and other closed condo comps from the same Hoboken sit in the Market section below. Filter that Hoboken condo set by closing date to see what else sold near 1500 Garden Street, Hoboken, New Jersey 07030, United States around 2022. Published consideration for 1500 Garden Street, Hoboken, New Jersey 07030, United States is $4.7M, dated 2022. Cite this Peter Cossio Represents The Sale Of Hoboken Condo At 1500 Garden St For $4.65M sale when underwriting similar condo product around Hoboken, New Jersey.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93