Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 1021 Washington Street, Hoboken, NJ, USA in Hoboken, New Jersey sold for $2M in 2020. The building is 2,310 square feet, implying about 865 per square foot on the published price. Michele Farrell, Anne Shearn, Liberty Realty, Realty Express LaBarbera appear on the sale alongside Liberty Realty, Realty Express LaBarbera. This page is the Hoboken, New Jersey file for the 1021 Washington Street, Hoboken, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hoboken sit in the Market section below. Filter that Hoboken multifamily set by closing date to see what else sold near 1021 Washington Street, Hoboken, NJ, USA around 2020. Published consideration for 1021 Washington Street, Hoboken, NJ, USA is $2M, dated 2020. Cite this Liberty Realty LLC Acquires Multifamily Property In Hoboken, NJ For $2M sale when underwriting similar multifamily product around Hoboken, New Jersey.
On the Map
$2,000,000
$865/SF
MultiFamily
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Players
Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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