Patrick Knightly Buys Condo From Kristen Meyer In Hoboken For $1.225M
506 Garden Street
$1,225,000
$1,049/SF
Building Size
1,167 SF
Asset Type
Condo
Closing
May 17, 2024
AI
The property at 506 Garden Street in Hoboken, a condo with 1,167 square feet, was recently sold. The transaction took place on 05/17/2024, with a sale price of $1,225,000 at a price per square foot of $1,050.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $1,225,000
- Buyer: Patrick Knightly
- Seller: Kristen Meyer
- Buyer's Rep: Anne-Marie Pelletier - Singleton Galmann Realty
- Seller's Rep: Staci Manoukian - Christie's International Real Estate
Anne-Marie Pelletier represented the buyer, Patrick Knightly, in this transaction. Staci Manoukian, from Christie's International Real Estate, acted as the seller's representative, Kristen Meyer. Both agents played crucial roles in facilitating the successful sale of this property in Hoboken.
Players
Hoboken Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93