Updated Sep 5, 2024
Prominent Properties Sotheby's International Realty Sells Mixed-Use Property In Hoboken For $1.4M
211 4th Street, Hoboken, New Jersey 07030, United States
$1,400,000
Units
3
Asset Type
Mixed-use
Closing
Dec 29, 2021
About this deal
AI
The mixed-use property located at 211 4th St in Hoboken was recently sold for $1,400,000. The transaction took place on 12/29/2021, as per public records. The property comprises of 3 units, resulting in a price per unit (PPU) of $466,667.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,400,000
- Date: 12/29/2021
- Address: 211 4th St, Hoboken
- Market: Hoboken
- Seller's Representative: Thomas Courtenay Batcha & Ingrid Hart - Prominent Properties Sotheby's International Realty
- Buyer's Representative: David Roberts - Christie's International R.E. North Jersey, INC.
The seller of the property was represented by Thomas Courtenay Batcha and Ingrid Hart from Prominent Properties Sotheby's International Realty. The buyer was represented by David Roberts from Christie's International R.E. North Jersey, INC.
Players
Hoboken Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Ingrid Hart to view all their deals.
Browse New Jersey mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93