Updated Dec 21, 2023
Katherine O'Hara Represents Buyer In $1.6M Hoboken Multifamily Sale
1033 Garden Street, Hoboken, NJ, USA
$1,600,000
$854/SF
Building Size
1,873 SF
Asset Type
MultiFamily
Closing
Jan 18, 2021
About this deal
AI
A multifamily property located at 1033 Garden Street in Hoboken has been sold for $1,600,000. The transaction took place on January 19, 2021. The property features multiple residential units and is situated in the vibrant market of Hoboken.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Date: 01/19/2021
- Address: 1033 Garden Street, Hoboken
Katherine O'Hara, representing Compass New Jersey, LLC, served as the buyer's representative in this sale. Thomas Stack, from Stack & Stack, LLC, acted as the seller's representative. These experienced professionals played a crucial role in facilitating the successful transaction of the multifamily property.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93