Dean Geibal Sells Mixed-Use Building At 113 Washington Street Hoboken For $3.9M
113 Washington Street
$3,900,000
$1,500/SF
Building Size
2,600 SF
Asset Type
Mixed-use
Closing
Mar 3, 2026
AI
A mixed-use building located at 113 Washington Street in Hoboken has been sold for $3,900,000. The property encompasses 10,062 square feet and includes a total of 11 units. The price per square foot for this transaction is approximately $387.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $3,900,000
- Address: 113 Washington Street
- Market: Hoboken
- Square Footage: 10,062
- Price per Square Foot: $387
- Units: 11
- Seller: Dean Geibal
- Brokers: Jason Trembicki - KW Commercial & Mike Renard - New And Modern Group LLC
The transaction involved Dean Geibal as the seller, with representation by brokers Jason Trembicki from KW Commercial and Mike Renard from New And Modern Group LLC. Their collaboration facilitated the successful sale of the property.
Players
Hoboken Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93