Peter Cossio Represents The Sale Of Hoboken Condo At 1500 Garden St For $4.65M
SOLD
$4,650,000
New Jersey
See Similar DealsCondo2 SF
Sold 12/16/2022
SOLD
Peter Cossio Represents The Sale Of Hoboken Condo At 1500 Garden St For $4.65M
1500 Garden Street, Hoboken, New Jersey 07030, United States
See Similar DealsCondo2 SF
Sold 12/16/2022
Summary
NEW JERSEY
Asset Type:Condo
Price Per Square Foot:$2,325,000
Total Square Footage:2 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$247,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,520.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,043.37
Annual Debt Service$264,520.47
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