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1500 Garden Street, Hoboken...

Peter Cossio Represents The Sale Of Hoboken Condo At 1500 Garden St For $4.65M
SOLDCondo

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

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.

Players

Peter Cossio

Brown Harris Stevens

Broker

$29M

vol

8 deals

Broker

Hoboken Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

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