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1030 Bloomfield Street, Hob...

Updated Sep 9, 2024

Anne-Marie Pelletier Acquires Multifamily Property In Hoboken, NJ For $2.02M
SOLDMultiFamily

Anne-Marie Pelletier Acquires Multifamily Property In Hoboken, NJ For $2.02M

1030 Bloomfield Street, Hoboken, NJ 07030, USA

$2,020,000

$989/SF

Building Size

2,042 SF

Asset Type

MultiFamily

Closing

Aug 25, 2021

About this deal

AI

The multifamily property located at 1030 Bloomfield St in Hoboken, NJ has been sold for a price of $2,020,000. The transaction took place on 08/25/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,020,000
  • Address: 1030 Bloomfield St, Hoboken, NJ
  • Market: Hoboken, NJ

The buyer's representative for this sale was Anne-Marie Pelletier from Singleton Galmann Realty. The seller's representative in this transaction was Michael Stefano from Hudson Place Realty, Inc.

The multifamily sale at 1030 Bloomfield Street, Hoboken, NJ 07030, USA in Hoboken, New Jersey sold for $2M in 2021. The building is 2,042 square feet, implying about 989 per square foot on the published price. Anne-Marie Pelletier, Mike DeStefano, Coldwell Banker, Singleton Galmann Realty appear on the sale alongside Coldwell Banker, Singleton Galmann Realty. This page is the Hoboken, New Jersey file for the 1030 Bloomfield Street, Hoboken, NJ 07030, 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 1030 Bloomfield Street, Hoboken, NJ 07030, USA around 2021. Published consideration for 1030 Bloomfield Street, Hoboken, NJ 07030, USA is $2M, dated 2021. Cite this Anne-Marie Pelletier Acquires Multifamily Property In Hoboken, NJ For $2.02M sale when underwriting similar multifamily product around Hoboken, New Jersey.

Players

Mike DeStefano

Coldwell Banker

Broker

$6.9M

vol

3 deals

Broker

Hoboken MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $989 per square foot on a published $2M for 2,042 square feet (2021).

Visit Anne-Marie Pelletier to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.85%

Cash-on-Cash

-2.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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