Dean Geibal Sells Mixed-Use Building At 113 Washington Street Hoboken For $3.9M
SOLD
New Jersey
See Similar DealsMixed-use2,600 SF
Sold 03/03/2026
SOLD
Dean Geibal Sells Mixed-Use Building At 113 Washington Street Hoboken For $3.9M
113 Washington Street
See Similar DealsMixed-use2,600 SF
Sold 03/03/2026
Summary
NEW JERSEY
Asset Type:Mixed-use
Price Per Square Foot:$1,500
Total Square Footage:2,600 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$208,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
Annual Debt Service$221,855.88
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