SOLDMultiFamily
Liberty Realty LLC Acquires Multifamily Property In Hoboken, NJ For $2M
1021 Washington Street, Hoboken, NJ, USA
$2,000,000
$865/SF
Building Size
2,310 SF
Asset Type
MultiFamily
Closing
Jun 7, 2020
AI
Located at 1021 Washington St in Hoboken, NJ, this multifamily property was recently sold for $2,000,000. The transaction took place on 06/07/2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Market: Hoboken, NJ
Michele Farrell from Liberty Realty LLC represented the buyer in this transaction, while Anne Shearn from Realty Express LaBarbera represented the seller.
Players
Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93